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Reports indicate that Hypervault, a project part of the Hyperliquid ecosystem, has disappeared overnight with over $3.6 million in user funds. Peckshield highlighted that most of these funds were bridged…
Hyperliquid just rolled out its new stablecoin USDH, and Native Markets snagged the golden ticket to run the pipes. As of today, USDH is strutting onto the scene as the…
Crypto traders have been locked on a three-coin showdown this week, with ASTER, HYPE, and BNB turning the market into a late-night rollercoaster. Whether it’s breakout fireworks or trapdoor drops,…
Tron’s latest entrant in decentralized derivatives, Sunperp, has opened for traders, adding a new venue to a field crowded by perp players like Hyperliquid, Avantis, Aster, Dydx, GMX, and Jupiter.…
Polymarket bettors are giving Native Markets a sky-high 94% shot at landing the prize: the rights to roll out the Hyperliquid network’s upcoming native USD stablecoin, which would trade under…
Haseeb Qureshi has criticized Hyperliquid’s USDH stablecoin request for proposal process, calling it a “farce” and alleging it was tailored to favor Native Markets. Allegations of a ‘Backroom Deal’ A…
Ethena Labs has submitted a proposal to operate Hyperliquid’s native USDH stablecoin, outlining a structure that begins with full collateralization in USDtb and a governance-linked security model. Blackrock, Securitize Ties…
As competition intensifies ahead of Hyperliquid’s Sept. 14 validator vote on its USDH stablecoin, Sky, Bastion, and Native Markets have submitted proposals to provide infrastructure, joining earlier bidders Frax Finance,…
Hyperliquid’s stablecoin race drew bids from Agora, Paxos, and Frax this week, but another headline move is Circle’s plan to deploy native USDC and Cross-Chain Transfer Protocol (CCTP) V2 on…
Amid the competition to secure a role in providing stablecoin infrastructure for USDH, Hyperliquid’s native crypto token HYPE climbed to a record peak of about $51.84 per coin. Interest in…