Leading perpetual futures DEX Hyperliquid teases native USDH stablecoin

Hyperliquid announced future plans on its Discord, hinting at the upcoming creation of a native ￰0￱ perpetual futures DEX is also working on permissionless listings on the spot ￰1￱ may move on with a native stablecoin after reserving the USDH ￰2￱ its official Discord channel, the project announced that the new asset will be tailored to the needs of the chain and become one of the main sources of ￰3￱ perpetual futures DEX is still using USDC, with over $5.3B in cumulative inflows. However, USDC is a freezeable asset, while Hyperliquid aims to expand permissionless ￰4￱ prepares for upgrade with multiple improvements During its next network update, Hyperliquid announced it would add multiple ￰5￱ USDH ticker will be activated after a validator vote, with a transparent on-chain ￰6￱ ticker will most probably be used for a new stablecoin, aligned with the needs of ￰7￱ released, the stablecoin will be compliant with the common regulations for this type of ￰8￱ USDH stablecoin will take another upgrade for validators to allow end-user addresses to purchase ￰9￱ ticker will become active for trading following a community ￰10￱ process will also determine which team will build the native ￰11￱ DEX has now opened a proposal process and will vet the best team through its ￰12￱ team that is selected will have its official token address used for deploying ￰13￱ of the big changes following the next upgrade will be lower fees for the spot ￰14￱ fees will be 80% lower, encouraging higher ￰15￱ pairs with the new lower fees will be the ones between two quote assets, such as USDT, USDC, and eventually ￰16￱ spot market will also evolve and become more ￰17￱ is working on a permissionless solution, where teams will be able to list new tokens, but after fulfilling staking and slashing ￰18￱ futures DEX gets boost from SOL and ETH trading In August, Hyperliquid saw a gradually rising demand for perpetual futures ￰19￱ activity remained constant, while ETH and SOL trades ￰20￱ of the more dramatic liquidations on Hyperliquid came from the ETH and SOL trading ￰21￱ ETH expansion in August also led to a peak day of trading volumes, reaching above $28B.

DEX activity expanded in August, with peak liquidations for SOL and ETH. |