The token is now linked between HyperCore and HyperEVM, enabling secure, natively minted USDC deposits directly to HyperCore. This is a milestone in improving cross-chain usability while maintaining security. In the long term, the Arbitrum bridge will be phased out, and all USDC will be natively minted, creating a more streamlined and robust experience.
A Safer, Smoother User Experience
During this transition, users should not expect any immediate disruptions. Deposits and withdrawals can continue from both the Arbitrum bridge and HyperEVM. HyperCore now supports one-click deposits from chains enabled with Circle’s Cross-Chain Transfer Protocol, or CCTP, which simplifies the minting process on HyperEVM. While transfers from HyperCore to HyperEVM may occasionally fail if HyperEVM lacks sufficient balance, funds remain secure within HyperCore.
Users can always use the Arbitrum bridge as a fallback, ensuring no loss of funds. For example, if a developer needs USDC on HyperEVM for a decentralized finance application, they can send it via CCTP from Arbitrum, just as before, with the added confidence that HyperCore acts as a reliable bridge and vault.
USDC is now linked between HyperCore and HyperEVM. This is a major milestone in allowing secure, natively minted cross chain USDC deposits directly to HyperCore. In the final state, the Arbitrum bridge will be deprecated and all USDC will be natively minted. There are many…
The new integration offers improved efficiency. USDC contracts now allow transfers from other chains to HyperCore in a single transaction. This design reduces the number of steps needed to deposit USDC on HyperEVM, enhancing both speed and user experience. Developers can begin updating their applications to use HyperEVM USDC flows, simplifying workflows for end users while preparing for the eventual deprecation of the Arbitrum bridge.
More About Hyperliquid
Hyperliquid announced a new feature allowing users to trade $STABLE with leverage for the first time. By popular community request, traders can now take long or short positions with up to three times leverage, increasing both potential gains and risks.
By community request, you can now long or short $STABLE with up to 3x leverage.
This move reflects growing demand for more flexible trading tools in the stablecoin market, giving users the ability to amplify their strategies while maintaining control over their positions. Hyperliquid emphasized that all leveraged trades are designed with risk management in mind, ensuring a safe and responsive trading experience.