24h ~$750k fees yet ~$9M in USDC reserves

Last 24h 69.4k $HYPE burned, for roughly \~$6.2m. Hyperliquid made a deal where USDC can become its main digital dollar, Coinbase shares most of the interest earned from that money with Hyperliquid, Circle keeps the technical plumbing working, and both companies put up a big HYPE deposit to prove they'll behave. https://hyperliquid.xyz/article/aqav2