HyperEVM has quickly become one of the busiest chains in our solver stack, but until now, we’ve been constrained by an old bottleneck: holding USDT0 meant every rebalance back to Arbitrum took up to 12 hours through LayerZero.
For a solver, that’s 12 hours of capital tied up: an eternity when markets move by the millisecond.
That changes with Circle’s launch of native USDC and CCTP V2 on HyperEVM. With USDC now live on HyperEVM, we can use the same token we already deploy across every other chain and rebalance between them quickly through CCTP V2, eliminating the old rebalance delay.
Why It Matters For Solvers On HyperEVM
For solvers, capital efficiency is everything. Until now, the slow rebalancing of USDT0 from HyperEVM forced us to hold more liquidity there than we wanted, tying up capital that could otherwise be deployed across other chains.
The shift to USDC through CCTP V2 removes that friction. Rebalancing is now near-instant, enabling tighter liquidity loops and greater execution capacity without idle funds sitting on a single chain. For RockawayX, this translates into the ability to handle larger order sizes, keep spreads tight, and deliver more consistent execution across the protocols we support.
Our solver currently processes 100% of the HyperEVM flow for Mayan—both originating from and directed to the chain—and with this upgrade, every transaction we facilitate becomes more efficient, reliable, and scalable.
This progress also builds on the vision we shared in our last update about Circle Gateway. Gateway is designed to make USDC chain-agnostic by unifying balances across ecosystems and enabling safe, instant transfers. While Gateway isn’t live on HyperEVM yet, once it arrives later this year, it will unlock the ability to draw from a truly unified USDC balance across all supported chains, amplifying the efficiency gains we’ve already achieved with CCTP V2.
Extending Gateway Into Hyperliquid
Circle’s expansion into Hyperliquid is more than a technical integration.
Alongside bringing USDC to HyperEVM, Circle has become a direct stakeholder in the ecosystem through its first HYPE token investments. The company is also evaluating the possibility of becoming a Hyperliquid Validator, and it is launching a program to work with HIP-3 and HyperEVM builders, offering incentives to developers building directly in the ecosystem.
“We’ve simply been blown away by the growth and success of Hyperliquid over the last year, and as we’ve gotten to know Jeff and team, and many of the major emerging builders in the ecosystem, it’s very clear that this is something incredibly unique and special.” - Jeremy Allaire, Co-Founder, Chairman & CEO at Circle
Together, Gateway and CCTP provide the infrastructure for chain-agnostic liquidity, while Circle’s deeper engagement with Hyperliquid ensures that this infrastructure is matched with long-term support for the community’s growth.
Laying The Groundwork For Unified Balances
For us, adopting CCTP V2 is a key change in how efficiently we can operate across chains. With rebalancing delays gone, our solver infrastructure is already delivering tighter loops and stronger execution.
The next horizon will come once Gateway reaches HyperEVM. At that point, unified USDC balances will take efficiency even further, removing fragmentation entirely. In this way, CCTP today and Gateway tomorrow set the stage for solvers to keep building the hidden backbone of DeFi, making capital more competitive, efficient, and reliable as finance moves onchain.
