USDH will go to Billions with HIP-4. https://t.co/SeX70pR14O
USDH will go to Billions with HIP-4. https://t.co/SeX70pR14O
Small detail that is overlooked.
HIP-4 outcome contracts settle exclusively in USDH. Not USDC.
Every prediction market on Hyperliquid becomes a structural demand driver for USDH. Moreover, PM capital on Hyperliquid doesn't sit idle. It cross-margins into perps. That incremental perp volume flows naturally into USDH quoted markets, where taker fees are 20% lower and maker rebates 50% higher.
I'm expecting USDH supply to expand much faster once HIP-4 mainnet arrives.
USDH is more important than ever.
While Drift is the protocol that got hacked it looks like circle (USDC) is just sitting that one out and hoping nobody notices.