Native Markets USDH stablecoin vaults
- This stablecoin does not have a price feed available at the moment and we are unable to display peg/depeg rates.
About Native Markets USDH
USDH is Hyperliquid's native stablecoin, issued by Native Markets after winning a competitive validator vote in September 2025. It is fully backed by cash and US Treasury equivalents with reserves managed by BlackRock and onchain by Superstate through Bridge. Half of USDH's reserve yield funds HYPE buybacks and the other half supports ecosystem growth.
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vaults TVL $0 Avg. return --- Stablecoin-only Updated
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