Guavy AI Editorial TeamSentiment: 4Clout: 62

Cumberland Pours $14M into Hyperliquid in Single Day

Crypto market maker Cumberland has made its third USDC deposit into Hyperliquid in as many hours, totaling 6.85 million USDC and signaling confidence in the decentralized exchange (DEX).

The deposits were made in three consecutive transactions on a single day, according to data from Onchain Lens.

This latest influx of capital bolsters Hyperliquid's available liquidity and potentially attracts more traders and reduces slippage on large orders.