Decentralized Stablecoin Funding Marketplace Hyperdrive Completes $6 Million Series A Funding, Led by Hack VC and Arrington Capital

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MarsBit
05-24
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Mars Finance reports that Hyperdrive, a decentralized stablecoin capital market based on Hyperliquid, has announced the completion of a $6 million Series A funding round. The round was led by Hack VC and Arrington Capital, with participation from Delphi Ventures, Proof Group, SIG, Caladan Group, Amber Group, CMS Holdings, Breed VC, and multiple angel investors. The project aims to create a stablecoin monetary market and yield hub on the Hyperliquid blockchain, offering stablecoin lending and borrowing, liquidity staking of $HYPE, and one-click yield strategies.

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