Flash News

hyperliquid founder jeff announced that USDC automatically moved to the lending pool

the founder of hyperliquid, Jeff, announced that, following the next upgrade of the network, hlp would automatically transfer USDC, which was not publicly used, to the hypercore primary lending pool to earn interest. The chain data show that the current hlp TVL is approximately $188.7 million, of which approximately $148.7 million is for idle cash (which accounts for nearly 79 per cent of total funds) and about $40.06 million is allocated to seven sub-strategies. The current supply of USDC from the hyperliquid primary lending pool is approximately 176 million, the lending volume is about 112 million (63.7 per cent utilization rate), the annualization of borrowing by 5 per cent and the annualization of supply by 2.87 per cent. This marked the evolution of the hlp from a pool of capital primarily charged with marketing and clearing, to a multi-tactical pool of automatic capital allocation。

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