coin-img-HYPEHYPE-1.20%coin-img-OPNOPN-16.84%coin-img-BNLIFEBNLIFE-14.51%coin-img-ETHETH+1.16%coin-img-BTCBTC+0.36%coin-img-SOLSOL+2.18%coin-img-USDCUSDC+0.01%coin-img-XRPXRP+2.44%coin-img-HYPEHYPE-1.20%coin-img-OPNOPN-16.84%coin-img-BNLIFEBNLIFE-14.51%coin-img-ETHETH+1.16%coin-img-BTCBTC+0.36%coin-img-SOLSOL+2.18%coin-img-USDCUSDC+0.01%coin-img-XRPXRP+2.44%coin-img-HYPEHYPE-1.20%coin-img-OPNOPN-16.84%coin-img-BNLIFEBNLIFE-14.51%coin-img-ETHETH+1.16%coin-img-BTCBTC+0.36%coin-img-SOLSOL+2.18%coin-img-USDCUSDC+0.01%coin-img-XRPXRP+2.44%coin-img-HYPEHYPE-1.20%coin-img-OPNOPN-16.84%coin-img-BNLIFEBNLIFE-14.51%coin-img-ETHETH+1.16%coin-img-BTCBTC+0.36%coin-img-SOLSOL+2.18%coin-img-USDCUSDC+0.01%coin-img-XRPXRP+2.44%

Coinbase Named Hyperliquid's Official USDC Treasury Deployer in Major Yield Initiative

Coinbase (@coinbase) has been appointed as the official $USDC treasury deployer for Hyperliquid (@HyperliquidX) after AQAv2 went live. Under the new framework, 90% of treasury yield will be distributed across more than $6 billion in USDC. Analysts estimate the arrangement could generate up to $200 million in annual revenue. Additional income may also be directed to the protocol's Assistance Fund, which is used to support $HYPE buybacks.
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HYPE-1.18%
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