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Hyperliquid Moves Forward to Launch Proprietary Stablecoin USDH
10 Articles
10 Articles
Hyperliquid Slashes Trading Fees by 80% Ahead of Native Stablecoin Launch
Decentralized perpetual futures exchange Hyperliquid is preparing to roll out its first native stablecoin while slashing spot trading fees by 80%, in a move designed to boost liquidity and deepen its hold over the decentralized finance (DeFi) derivatives market. The exchange announced on Discord tha...
Hyperliquid is planning USDH stablecoin launch
The post Hyperliquid is planning USDH stablecoin launch appeared on BitcoinEthereumNews.com. Hyperliquid is preparing a governance-driven launch of its native stablecoin, USDH, in its next network upgrade, according to a Sept. 5 update on the DEX Discord channel. The protocol described USDH as a “Hyperliquid-first and compliant” dollar-pegged asset, but unlike conventional launches, it is opening the process to competition among development team…
Hyperliquid Announces Plan for USDH Stablecoin Launch
Hyperliquid announced the launch of the USDH stablecoin, accompanied by significant updates to its spot trading infrastructure. The Hyperliquid Foundation revealed plans to reduce taker fees, maker rebates, and user volume contributions by 80% for spot trading pairs to enhance liquidity and reduce trading friction. Additionally, the USDH ticker, previously reserved by the protocol, will […] The post Hyperliquid Announces Plan for USDH Stablecoin…
Hyperliquid, known for its perpetual DEX in full ascent, has just announced the USDH, its own native stablecoin. Directly issued on Hyperliquid, the USDH could well become the cornerstone of a complete and self-sufficient ecosystem. The Hyperliquid article will offer its own native stablecoin, the USDH – and other things appeared first on Cryptoast.
Key Points of the News The Hyperliquid Foundation is implementing a network update that significantly reduces the taker commissions on the trading spot by 80%, with the aim of increasing liquidity and trading activity. The foundation will launch the USDH commercial pair code by voting for validators, allowing the deployment of a compatible stablecoin. These changes are expected to attract more users, improve decentralized trading infrastructure …
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