HYPERLIQUID LAUNCHES USDH WITH ISSUER BIDDING WAR
Hyperliquid introduced its native stablecoin USDH and opened community voting, with bids from Paxos, Frax, and others.
The $5.6B in USDC deposits could generate $220M yearly, though fairness concerns shadow Frax’s standout 100% yield offer.
Source: @CryptoSlate
HYPERLIQUID RECORDS $330.8 BILLION JULY VOLUME, SURPASSING ROBINHOOD
Decentralized exchange Hyperliquid processed $330.8 billion in trading volume in July, outpacing U.S. brokerage giant Robinhood.
The milestone underscores the rapid rise of decentralized platforms competing with traditional financial giants.
Source: @cointelegraph
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