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Native Markets

@nativemarkets

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Post #41 322
Following the USDH.com sunset on July 17, spot liquidity in the Hyperliquid USDH/USDC order book is being wound down imminently. Please process any final conversions promptly.
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Post #40
Native Markets pinned «USDH.com has now sunset. https://x.com/nativemarkets/status/2078166050558939421?s=46»
Post #38 498

Forwarded from Hyperliquid Announcements

Hyper Foundation is providing approximately $10M in grants to builders impacted by the USDH sunset to help offset migration costs and recognize the work involved in an orderly transition.

The Foundation has contacted and is working directly with all eligible grant recipients. Grants are going to affected HIP-1 spot deployers, HIP-3 perp deployers, HyperEVM protocols, dedicated USDH:USDC bridges, and Native Markets. Migration grants go to teams that integrated USDH and are migrating their affected markets or deployments to USDC. Wind-down grants go to teams that integrated USDH and are winding down their USDH-dependent operations rather than migrating to a new asset. Wind-down grants are sized below what an equivalent migration would receive. Grant recipients commit to orderly migration and wind-down before the end of July.

HIP-1 and HIP-3 grants are based on auction deployment costs. HyperEVM grants are based on USDH TVL affected by the sunset.

If you hold USDH in a protocol that's migrating or winding down, follow any instructions from that protocol directly. Users can swap USDH on HyperCore for USDC on the spot order book (https://app.hyperliquid.xyz/trade/USDH/USDC) and swap USDH on HyperEVM for USDC 1:1 with no fees via Across (https://across.to/?from=hyperevm&to=hypercore&inputToken=USDH&outputToken=USDC-SPOT).

Lastly, thank you again to the builders who built real markets and products using USDH, the users who supported USDH’s growth and development, and Native Markets for their pioneering work launching a novel, protocol-aligned stablecoin. The migration has been smooth so far because teams and the community have been actively engaged and responsible.
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Post #37 422
Announcement from the Hyper Foundation regarding grants to USDH builders:
Post #35 633
Reminder:

Kinetiq Markets will be settling from June 10th to June 17th.

Felix Markets will be settling from June 19th to June 20th.

If you hold USDH from closed positions in these markets, you may convert to USDC 1:1 with no fees via Across Protocol: https://across.to/?from=hyperevm&to=hypercore&inputToken=USDH&outputToken=USDC

https://x.com/nativemarkets/status/2065545882137674171?s=20
Across Across is the bridge that just works. Bridge and swap tokens between any supported chain in seconds.
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Post #33 727
The above changes are now in effect.

Please convert any remaining HIP-1 USDH to USDC via the USDH/USDC HyperCore order book or USDH dashboard.
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Post #32 699
As part of the USDH sunset process, Native Markets will unstake the HYPE required for AQA + PQA status tomorrow.

Existing USDH-denominated HIP-3 markets will continue to operate during and after the unstaking process. New markets will be unable to be created, and AQA benefits will no longer apply. Settlement of these markets will be at the discretion of each HIP-3 deployer.

HIP-1 spot markets will be removed, and open orders will be cancelled.

Users may continue to convert their USDH in the HyperCore USDH/USDC order book after the unstaking process has completed.

https://x.com/nativemarkets/status/2059068720983769187?s=20
X (formerly Twitter) Native Markets (@nativemarkets) on X As part of the USDH sunset process, Native Markets will unstake the HYPE required for AQA + PQA status tomorrow. Existing USDH-denominated HIP-3 markets will continue to operate during and after …
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Post #31
Channel photo updated
Post #27 900
The third-party attestation for USDH's 1:1 backing for March 2026 is now available. As a reminder, reserve attestations from an independent auditor are made available monthly.

The March attestation is hosted on https://usdh.com/reserves
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Post #26 14.8K
Native Markets is rolling out zero-fee + zero-slippage USD on- and offramps directly to Hyperliquid for users this week.

The USDH dashboard is available to 180+ jurisdictions and currently supports 1:1 US Domestic bank/brokerage (ACH, FedWire) on- and offramps. This is in addition to global fee-free 1:1 USDC <> USDH conversions.

European bank/brokerage offramps (SEPA + 30 bps FX) are also available, with expanded access forthcoming.

If you’re interested in ramping directly to Hyperliquid, visit https://dashboard.usdh.com

Announcement: https://x.com/nativemarkets/status/2041901395566030923?s=20
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Post #23 1.24K
The third-party attestation for USDH's 1:1 backing for January 2026 is now available. As a reminder, reserve attestations from an independent auditor are made available monthly.

The January attestation is hosted on http://usdh.com/transparency
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