Expect dozens of new stable coins to be launched by DeFi platforms within the next year as they seek to capture revenue currently going to external issuers.
"We could see dozens of new stable coins over the next year as platforms realize they're essentially giving away hundreds of millions in revenue to external issuers."
Athena Labs plans to return 95% of net revenue to the Hyperliquid community and offer between $75 million and $150 million in ecosystem incentives.
"They're promising 95% of net revenue back to the hyperlquid community and at least $75 million in ecosystem incentives potentially growing to $150 million."
