USDH

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.