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The decentralized stablecoin capital market Hyperdrive has completed a $6 million Series A financing, led by Hack VC and Arrington Capital.
Odaily News Hyperdrive, a decentralized stablecoin funding market based on Hyperliquid, announced the completion of a $6 million Series A financing round, led by Hack VC and Arrington Capital, with participation from Delphi Ventures, Proof Group, SIG, Caladan Group, Amber Group, CMS Holdings, Breed VC, and several angel investors. The project aims to build a stablecoin currency market and yield hub on the Hyperliquid Blockchain, providing functionalities such as stablecoin lending and borrowing, liquid staking of $HYPE, and one-click yield strategies.