$HYPE

HYPEUSDT
Διην.
45.54
+7.24%
surged more than 23% in the last 24 hours, adding nearly $2 billion to its market cap 📈
What’s driving the rally:
• Coinbase became the official USDC deployer on Hyperliquid
• The $5B in USDC on Hyperliquid is now generating around 3.5–4% yield — roughly $200M annually
• That could boost Hyperliquid’s yearly revenue by nearly 25%
• Around 99% of protocol revenue is allocated toward $HYPE buybacks
Fundamentally strong altcoins are starting to outperform in a big way.