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USDH issuer Native Markets: 200,000 HYPE staked and locked for 3 years.
BlockBeats news, on September 27, Native Markets officially announced that it has staked and locked 200,000 HYPE (approximately 8.7 million USD) for a period of 3 years, making USDH the first permissionless spot-priced asset added on Hyperliquid. Previously reported, Native Markets won the bidding for Hyperliquid's stablecoin USDH. Hyperliquid has launched the HYPE/USDH spot trading pair.