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At $5b of USDC, Hyperliquid now accounts for 7.5% of total USDC o/s by Circle
- Time for Jeff to use his holdings as leverage for a material rev share on interest
- If he clips 4%, it’s $200m of extra protocol revenue for a phone call (~20% boost to $1b run rate)
23.7. klo 00.31
USDC on Hyperliquid doubles to $4.9 billion as DEX derivatives trading gains ground
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