Decentralized Stablecoin Money Market Hyperdrive Completes $6 Million Series A Funding
decentralized stablecoin currency market Hyperdrive 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 a group of angel investors. Hyperdrive is built on the Hyperliquid infrastructure, mainly serving as the "revenue center" of Hyperliquid and the foundational layer of the HyperCore ecosystem liquidity. The new funds will be used to support the launch of its point system and tool suite.
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