ChainCatcher news, according to official sources, the decentralized stablecoin market Hyperdrive has announced the completion of a $6 million Series A funding round, led by Hack VC and Arrington Capital, with participation from institutions such as Delphi Digital, SIG DTI, Proof, Caladan, Amber Group, CMS Holdings, and Will Price.It is explained that Hyperdrive is a decentralized stablecoin money market built on the Hyperliquid blockchain.

ChainCatcher news, the Solana Hyperdrive hackathon officially opened for registration on September 6, 2023, at 10 PM Hong Kong time on its official website. This hackathon will last until October 15, covering 7 tracks: DePIN, AI, DeFi & Payments, Gaming, Mobile User DApps, Infrastructure, DAO & Network States. Participants can submit their works through the Solana official website, DoraHacks, and BeWater platforms.