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USDH is a better dollar, for Hyperliquid. USDH is fully reserved by GENIUS-ready assets such as cash, short-term US treasuries, repo agreements, funds investing in US treasuries and repo agreements (e.g., BlackRock TTTXX), and tokenized versions of the same (e.g., BlackRock BUIDL or Superstate USTB). Native Markets contributes 50% of USDH yield to the Hyperliquid Assistance Fund so the protocol can buy back HYPE.
The live USDH price today is $0.999971 USD with a 24-hour trading volume of $11,675,550 USD. We update our USDH to USD price in real-time. USDH is up 0.01% in the last 24 hours. The current CoinMarketCap ranking is #482, with a live market cap of $42,970,892 USD. It has a circulating supply of 42,972,129 USDH coins and the max. supply is not available.