ChainCatcher report: According to on-chain data platform Artemis, on-chain activity for USDC on Hyperliquid has surged significantly: its supply has reached $4.2 billion, a 200% increase over four weeks; trading volume has hit a record high of $10.39 billion; and the number of daily active users for the stablecoin has reached 3,910, up 163% compared to five months ago.
USDC reaches an all-time high with $10.39 billion in trading volume on Hyperliquid
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Summary
On-chain data shows USDC activity on Hyperliquid surged, with supply reaching $4.2 billion—a 200% increase over four weeks. Turnover volume hit $10.39 billion, an all-time high. Daily active users reached 3,910, up 163% in five months. Inflation data remains stable as demand for stablecoins continues to rise.
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