Oxxyy(@Oxxyy13):Do you guys realize how much money Hyperliquid has potentially missed out on by not having a native stablecoin? There’s ~$5.6B in external stables sitting on HL. With a non-native coin, the reserve interest goes to the issuer, not the ecosystem. Rule of thumb: every 1% on $5.6B ≈ $56M/yr. At ~3–4% bills, that’s ~$170

Oxxyy

@Oxxyy13

RWAs, Stablecoins, Proof of Reserves | CPA | DeFi | Be Curious |

Joined May 2021

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Oxxyy@Oxxyy13

2025.10.30 18:17

Do you guys realize how much money Hyperliquid has potentially missed out on by not having a native stablecoin? There’s ~$5.6B in external stables sitting on HL. With a non-native coin, the reserve interest goes to the issuer, not the ecosystem. Rule of thumb: every 1% on $5.6B ≈ $56M/yr. At ~3–4% bills, that’s ~$170–$225M leaking each year.