Hyperliquid Cross-Chain Bridge Sees Significant USDC Inflow Surge

On May 22, Hyperinsight reported a significant increase in the funds flowing through the Hyperliquid cross-chain bridge. According to BlockBeats On-chain Detection, the USDC bridge inflow surpassed $268 million in the past 24 hours, marking the highest level since February 7. The net inflow exceeded $173 million, reaching the highest point in nearly 10 months since August 22 of last year. On the same day, the total locked value in the cross-chain bridge reached $4.02 billion. As of the time of reporting, Hyperliquid's trading volume over the past 24 hours reached $7.84 billion, with open interest amounting to $9.6 billion. During the same period, trade.xyz recorded a trading volume of $2.59 billion and open interest of $2.49 billion.