Hyperliquid’s USDH Debut: Concentrated Supply, Modest Market Share, Big Buzz
Hyperliquid just rolled out its new stablecoin USDH, and Native Markets snagged the golden ticket to run the pipes. As
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USDH
Hyperliquid removes Team $HYPE from USDH vote, enabling pure governance and possible Paxos win
Key Takeaways Hyperliquid removed team-staked $HYPE tokens from USDH vote weighting, increasing community control. This governance change improves fairness and
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Farce or Fair Play? Dragonfly Executive Blasts Hyperliquid’s USDH RFP
Haseeb Qureshi has criticized Hyperliquid’s USDH stablecoin request for proposal process, calling it a “farce” and alleging it was tailored
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Ethena Bids for USDH With BUIDL-Backed Reserves
Ethena Labs has submitted a proposal to operate Hyperliquid’s native USDH stablecoin, outlining a structure that begins with full collateralization
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Hyperliquid hits new all-time high above $55 as USDH proposals surge
Key Takeaways Hyperliquid native token HYPE reached a new all-time high above $55. The price surge is linked to increased
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3-Way Push for USDH: Paxos, Agora, and Frax Pitch Stablecoin Infrastructure to Hyperliquid
This week, Hyperliquid received competing proposals from Paxos, Agora, and Frax to supply stablecoin infrastructure for USDH, with each bidder
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Paxos Proposes USDH Stablecoin to Anchor Hyperliquid Ecosystem and Fund Buybacks
Paxos proposed issuing USDH, a Hyperliquid‑first regulated stablecoin, aimed at accelerating adoption and enterprise integration across the Hyperliquid ecosystem. The
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Hyperliquid to cut fees and put USDH stablecoin up for validator vote
Key Takeaways Hyperliquid is initiating an on-chain validator vote to select a team for the USDH stablecoin ticker. The protocol
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