ChainCatcher News, data from the blockchain analytics company Spot On Chain shows that the decentralized permanent trading platform and Layer 1 blockchain Hyperliquid has attracted over $1 billion in net inflows of USDC since the launch of its native token Hype, indicating strong market interest. Currently, the platform's deposit bridge holds over $2.1 billion in USDC stablecoins, reflecting its significant position in the stablecoin market.

Meanwhile, data from defillama reveals that Hyperliquid's total value locked (TVL) has rapidly increased from $196 million on November 29 to $3.035 billion. This growth may indicate investors' confidence in the platform and its potential in the decentralized finance space.