Native Markets has staked and locked 200,000 HYPE tokens for three years, making USDH the first permissionless spot quote asset added to Hyperliquid. The HYPE/USDH trading pair is now live, enabling users to trade with a stable, backed asset. This addition strengthens Hyperliquid’s ecosystem and positions it as a key player in decentralized finance (DeFi).

The post USDH Launch Boosts Hyperliquid Amid Competitive Market Pressure appeared first on CoinGape.

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