TechFlow news, December 16 — According to The Block, blockchain analytics firm Spot On Chain data shows that more than $1 billion worth of USDC has net flowed into Hyperliquid, a decentralized perpetual trading platform and Layer 1 blockchain, since the launch of its native token HYPE. The platform's deposit bridge currently holds over $2.1 billion in USDC stablecoins.
In addition, according to DefiLlama data, Hyperliquid’s total value locked (TVL) has surged from $196 million on November 29 to $3.035 billion today.




