Hyperliquid has seen a net inflow of 1 billion USDC since the issuance of the Hype token

Odaily Planet Daily reported that according to data disclosed by Spot On Chain, since the launch of its native token Hype, the decentralized perpetual trading platform and Layer 1 blockchain Hyperliquid has seen a net inflow of over 1 billion USDC into the chain. The platform's deposit bridge currently holds over 2.1 billion USDC stablecoins. Additionally, the price of Hype has soared over 590% since its launch. Meanwhile, Hyperliquid announced on Monday that its open contract amount has reached a historical high of over 4.3 billion dollars, indicating a growing user interest and activity. According to data from DefiLlama, Hyperliquid's total value locked (TVL) has surged from 196 million dollars on November 29 to 3.203 billion dollars today. (The Block)