Key facts
- Coinbase is now the official treasury wallet deployer for USDC on HyperliquidX.
- This appointment follows the activation of AQAv2.
- 90% of treasury yield will be distributed across $6.06 billion in USDC.
- $1.6 billion in USDC will be held on Arbitrum.
- $4.46 billion in USDC will be held on HyperEVM.
Coinbase has been designated as the official treasury wallet deployer for USD Coin (USDC) on the HyperliquidX platform. This development comes after the successful activation of AQAv2, a significant upgrade for the ecosystem.