Hyperliquid should take their stablecoin business more seriously.
There is almost $5Bn in the Hyperliquid bridge, representing $200M of lost earnings if deposited into @SkyEcosystem PSM at the current SSR, of 4%.
Permisionless, uncensorable, scalable yield is available, and it doesn't make sense to forgoe this given there is minimal/0 friction.
There is also a 20 basis point distribution boost reward, that can generate an additional $10M of earnings for Hyperliquid if integrated
Sky has more $4Bn USDC, is the largest pool for stablecoins on any chain, and the only place that can provide this scale of yield, safely.
No special deal or treatment is required, as was the vision of satoshi
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content





