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Native Markets
Native Markets issues USDH, Hyperliquid's native USD-pegged stablecoin backed by cash and US Treasury equivalents and issued natively on HyperEVM.
Market cap
Onchain supply
Coins issued
Reserve disclosure
Coins issued
Peg currencies
Domicile
Founded
Licences
Regulatory status
Issuing platform
Transparency
| Network | Supply | Share |
|---|---|---|
| $8.0M | 100% |
$20K
deployed across 2 markets on 2 protocols, from 1 of Native Markets (USDH)'s 1 coin
Lower bound: Native Markets (USDH)'s coins' combined balance inside lending markets DIA reads on-chain directly. Excludes DEX liquidity, CDP collateral, any coin without a matched market, and any market on a chain or protocol DIA does not yet track. At least one of Native Markets (USDH)'s coins has no DIA price snapshot on file, so part of this figure is converted using a DeFiLlama market price instead of DIA's own read.