Native Markets
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Native Markets has staked and locked 200k HYPE for 3 years, making USDH the first permissionless spot quote asset to be added on HyperliquidX.

HYPE / USDH is now live for trading.

https://x.com/nativemarkets/status/1971881607423578266
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As of 13:10 UTC, Native Markets has upgraded USDH to qualify as an Aligned Quote Asset.

Now, when trading on markets quoted in USDH:

Takers enjoy 20% lower fees
Makers earn +50% rebates
Traders earn +20% volume contribution toward fee tiers


https://x.com/nativemarkets/status/1992228360618205471?s=20
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USDH has achieved an ATH circulating supply of ~$56M. https://usdhstats.com/
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The third-party attestation for USDH's 1:1 backing for November 2025 is now available. Reserve attestations from an independent auditor will continue to be shared monthly going forward.

The November attestation is hosted on https://usdh.com/transparency
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