USDH
USDH #790Project Safety Score: 61%
Updated 38 minutes agoUSDH is a fiat-backed digital dollar developed for the Hyperliquid platform. It was designed by Native Markets and is issued by Bridge Building Inc. The asset is fully backed by GENIUS-ready assets, including cash, short-term US treasuries, and repo agreements, with custody provided by US-regulated banks and JP Morgan Chase. The reserves backing USDH are reviewed and attested to monthly by BPM, an accounting firm based in San Francisco.
Revenue generated from USDH is allocated primarily to the growth of the asset and the Hyperliquid ecosystem, with 50% of gross revenue directed to the Hyperliquid Assistance Fund for HYPE buybacks. The allocation of funds follows the guidelines of the Aligned Quote Asset protocol, and the contributions are made programmatically onchain.
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
Price Chart
USDH Exchanges
Top 6 by trust scoreView on Chain
Market Stats
Recent News
Hyperion DeFi Withdraws $28.7M in HYPE Tokens After USDH Stablecoin Shutdown
Hyperion DeFi exits $29M in HYPE deals as USDH stablecoin collapses, seeks better yields.
Hyperion DeFi unwinds $29M in HYPE deals with Felix, Native Markets as USDH sunsets
The SPACEX-USDH perpetual contract on Hyperliquid experienced a 45% flash crash last night
Coinbase Acquires Hyperliquid’s USDH Deployer Native Markets, as Hana Financial Group Acquires $670M Stake in Dunamu
Coinbase takes over USDC treasury role on Hyperliquid as USDH stablecoin heads for sunset
Flare targets XRP liquidity expansion with FXRP/USDH spot market launch on Hyperliquid
Flare Rolls Out FXRP/USDH, Edging Closer to an “XRP Standard” on Hyperliquid
Hyperliquid’s USDH Stablecoin Launches Amid Rising Competition in DEX Market
Hyperliquid launches native stablecoin USDH to boost on-chain financial development