McKenna(@Crypto_McKenna):Hyperliquid has just flipped Solana in USDC total supply w/ 7.19Bn USDC outstanding across HyperCore and the HyperEVM. Equally FED rate hikes of 25-50bps increases the implied reserve yield of the USDC supply as per AQAv2. AQAv2 is approaching $200M/yr in revenue for Hyperliquid.

McKenna

@Crypto_McKenna

Managing Partner at @Arete_xyz Restore Britain

Joined January 2018

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McKenna@Crypto_McKenna

2026.09.21 07:19

Hyperliquid has just flipped Solana in USDC total supply w/ 7.19Bn USDC outstanding across HyperCore and the HyperEVM. Equally FED rate hikes of 25-50bps increases the implied reserve yield of the USDC supply as per AQAv2. AQAv2 is approaching $200M/yr in revenue for Hyperliquid.