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Polymarket Bets, Early Validator Votes Show Native Markets Poised to Snag Hyperliquid’s USDH Crown

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…

Continue ReadingPolymarket Bets, Early Validator Votes Show Native Markets Poised to Snag Hyperliquid’s USDH Crown

3-Way Push for USDH: Paxos, Agora, and Frax Pitch Stablecoin Infrastructure to Hyperliquid

This week, Hyperliquid received competing proposals from Paxos, Agora, and Frax to supply stablecoin infrastructure for USDH, with each bidder emphasizing regulatory posture, distribution, and how yield from reserves would…

Continue Reading3-Way Push for USDH: Paxos, Agora, and Frax Pitch Stablecoin Infrastructure to Hyperliquid

Hyperliquid’s Emergency JELLY Delisting Saves $240M but Sparks Centralization Backlash

Hyperliquid, a decentralized exchange (DEX) platform, delisted the JELLY token on March 26, 2025, following suspected market manipulation that triggered a $10.63 million loss, prompting emergency intervention by its validator…

Continue ReadingHyperliquid’s Emergency JELLY Delisting Saves $240M but Sparks Centralization Backlash

Defi Perp Protocol Hyperliquid Hits $21B in Daily Volume, Bolstered by TRUMP and MELANIA Listings

On Jan. 20, 2025, Hyperliquid, a decentralized perpetual exchange powered by a custom-engineered, high-performance layer one (L1) blockchain, revealed it had reached a series of unprecedented milestones in trading volume.…

Continue ReadingDefi Perp Protocol Hyperliquid Hits $21B in Daily Volume, Bolstered by TRUMP and MELANIA Listings