Peak of💥 $USDC in Hyperliquid.

The presence of #USDC in Hyperliquid has exploded, surpassing $4.9 billion, which represents more than double since the beginning of the year. This growth is due to the increasing relevance of Hyperliquid as the leading decentralized perpetual exchange, where USDC is the key currency for derivatives settlement.

With a volume exceeding $150 billion just in July and an 11.5% market share compared to Binance, Hyperliquid demonstrates how decentralized alternatives are capturing a significant portion of the market previously dominated by centralized platforms.

This increase in USDC capital suggests growing confidence among sophisticated traders in maintaining large balances directly on decentralized exchanges, marking a crucial evolution in DeFi infrastructure.