Hyperliquid just shook the DeFi scene.

Hyperliquid just shook the DeFi scene.

They’re putting their own dollar-pegged stablecoin on the table — USDH. But here’s the twist: it won’t launch by press release. It’ll launch by onchain vote, validator by validator, same way delistings get decided.

Right now Hyperliquid leans on USDC over Arbitrum. But insiders expect USDH to attract serious demand. Teams that want the coveted ticker have to fight their way in — applications go straight through Discord, but every listing has to clear the official process.

And that’s not all.
💰 Trading fees between major spot pairs like BTC/ETH are being slashed by 80%. That’s Hyperliquid’s play to crank up volumes and cut costs, forcing the competition to blink.

With every move, Hyperliquid cements its place as more than just another DEX. It’s starting to look like a market-maker for the next cycle.