Search result of USDH

Hyperliquid is preparing to launch its native stablecoin, USDH, with Native Markets leading with a strong 97% support rate. The platform’s mechanism incorporates innovative reserve management and yield distribution models based on the reserve management and yield distribution models of BlackRock and Superstate. This article offers a comprehensive examination of the team’s background, competitive strengths, and the focus of community debates, and highlights the driving forces behind the emergence of the Stablecoin 2.0 era.

Huiwang’s abrupt collapse marks the end of the informal internet expansion model. This article presents a chronological analysis of Huiwang’s rapid growth as the “Alipay of Cambodia,” its transformation into a key node for human trafficking and cross-border money laundering, the failure of the USDH stablecoin, and the breakdown of its political and business protection mechanisms. It examines Huiwang’s technical framework, the infiltration of illicit activities, the interplay of power, and its eventual downfall, providing a comprehensive overview of the conclusion of an era.

HyperLiquid is an emerging platform in decentralized finance (DeFi). It offers derivatives trading and utilizes its own Layer 1 blockchain and HYPE token to combine the speed of centralized exchanges with the security of decentralized networks.

HYPURR NFT fetched a record price of 9,999 HYPE, igniting widespread interest across the market. At the same time, HYPE saw a dramatic increase in trading volume, which led to heightened activity within the ecosystem. This article explores the driving forces behind the record price and trading volume increase, and evaluates the potential risks involved.

HyperEVM’s ecosystem does not have the strong operational flywheel found in BNB Chain. As a result, HYPE depends only on transaction fee logarithms for its support, preventing it from evolving from a liquidity token into the central asset of a value-driven network.

With the crypto industry moving into a deeply institutionalized phase, decentralized perpetual contract exchanges, AI-powered autonomous agents, prediction markets, and on-chain financial infrastructure are swiftly reshaping how capital flows across global markets.

The author examines Base's strengths in user acquisition compared to industry leaders such as Stripe, and underscores Polygon's approach to sidestep the saturated Layer-2 sector by focusing on open payment channels—a move that involves both significant risks and potential rewards. Additionally, the piece provides an in-depth analysis of the emerging narrative for the $POL token.

This article examines the competitive dynamics and liquidity structures of centralized exchanges (CEXs) to identify growth opportunities for decentralized perpetual contract exchanges (Perp DEXs). The article analyzes the key differences between the Central Limit Order Book (CLOB) and AMM-based perpetual contract models, focusing on market structure, price discovery, liquidity aggregation, and asset listing strategies as the basis for comparison. Under current market conditions, Perp DEXs are gaining prominence and are well-positioned to capitalize on emerging structural opportunities.

Solana DeFi was declared dead in 2023, but made a strong comeback in 2024, involving 100+ projects, TVL reaching $3.8 billion, and daily trading volume reaching $2.5 billion. Solana has 50 top teams. Its advantages are low fees and high throughput, attracting a large number of users and developers. Solana is connected to multiple platforms, has friendly wallets and bridges, and will launch more cross-chain applications in the future. Major DeFi projects on Solana include DEX, lending markets, and derivatives, with more innovations expected in the future. Solana’s composability and infrastructure development have allowed the DeFi ecosystem to grow rapidly.