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USDH borrows have been discontinued on portfolio margin.
Users are required to promptly withdraw lending deposits, repay borrows, and convert remaining USDH to USDC.
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Native Markets
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Native Markets
@nativemarkets
Built $USDH, the Hyperliquid-native stablecoin at https://t.co/1SYjapbmAz
Katılım Eylül 2025
14 Takip Edilen7.1K Takipçiler
Native Markets retweetledi
Hyperliquid has officially sunset USDH! ✅
All USDH-denominated markets on HyperCore have been fully settled.
If you're holding or using USDH, act NOW:
• Swap USDH → USDC 1:1 feeless on HyperEVM via Across
• Trade USDH/USDC spot on HyperCore
• Withdraw supplied USDH from Borrow/Lend
• Repay borrows by buying USDH/USDC
@HyperliquidX
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Native Markets retweetledi
If you still have USDH collateral, you are recommended to immediately convert it to USDC.
Hyperliquid@HyperliquidX
As part of the USDH sunset, all USDH-denominated markets on HyperCore have completed settlement. Users are recommended to immediately: + Swap USDH on HyperCore for USDC on the spot order book: app.hyperliquid.xyz/trade/USDH/USDC + Swap USDH on HyperEVM for USDC 1:1 with no fees via Across: across.to/?from=hyperevm… + Withdraw supplied USDH from Borrow/Lend: app.hyperliquid.xyz/earn + Repay borrowed USDH by buying USDH/USDC: app.hyperliquid.xyz/trade/USDH/USDC
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Native Markets retweetledi
As part of the USDH sunset, all USDH-denominated markets on HyperCore have completed settlement.
Users are recommended to immediately:
+ Swap USDH on HyperCore for USDC on the spot order book: app.hyperliquid.xyz/trade/USDH/USDC
+ Swap USDH on HyperEVM for USDC 1:1 with no fees via Across: across.to/?from=hyperevm…
+ Withdraw supplied USDH from Borrow/Lend: app.hyperliquid.xyz/earn
+ Repay borrowed USDH by buying USDH/USDC: app.hyperliquid.xyz/trade/USDH/USDC
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Native Markets retweetledi
With final markets settling across the Hyperliquid ecosystem we would like to remind our users of the pending shutdown of USDH.
HyperLend recommends that users repay any outstanding USDH debt and convert any supplied USDH to USDC.
See QT for methods to convert USDH.
Native Markets@nativemarkets
The final Kinetiq Markets USDH pairs have completed settlement. By June 22, users are required to convert their remaining USDH via: - The HyperCore USDH/USDC order book - The Across 1:1 USDH to USDC bridge - The USDH Dashboard
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Native Markets retweetledi
don't forget to convert your $USDH to $USDC
Native Markets@nativemarkets
The final Kinetiq Markets USDH pairs have completed settlement. By June 22, users are required to convert their remaining USDH via: - The HyperCore USDH/USDC order book - The Across 1:1 USDH to USDC bridge - The USDH Dashboard
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Native Markets retweetledi
reminder to swap all your USDH to USDC ASAP (hard deadline is july 17th), especially if you have USDH borrows on hypercore
your USDH debt will NOT be automatically converted to USDC and you will be at risk of liquidation because borrow rates will increase significantly
Native Markets@nativemarkets
The final Kinetiq Markets USDH pairs have completed settlement. By June 22, users are required to convert their remaining USDH via: - The HyperCore USDH/USDC order book - The Across 1:1 USDH to USDC bridge - The USDH Dashboard
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Native Markets retweetledi
The final @Kinetiq_xyz Markets USDH pairs have completed settlement.
By June 22, users are required to convert their remaining USDH via:
- The HyperCore USDH/USDC order book
- The @AcrossProtocol 1:1 USDH to USDC bridge
- The USDH Dashboard
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The final Kinetiq Markets USDH pairs have completed settlement.
By June 22, users are required to convert their remaining USDH via:
- The HyperCore USDH/USDC order book
- The Across 1:1 USDH to USDC bridge
- The USDH Dashboard
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Ventuals will sunset all USDH pairs by June 19, with major markets settling today.
Users should redeem their USDH for USDC by June 22.
Zero-fee, 1:1 conversion is available on @AcrossProtocol via the HyperEVM USDH -> HyperCore USDC bridge.
Ventuals@ventuals
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Reminder:
@Markets_xyz will be settling from June 10th to June 17th.
@felixprotocol Markets will be settling from June 19th to June 20th.
If you hold USDH from closed positions in these markets, you may convert to USDC 1:1 with no fees via @AcrossProtocol
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Native Markets retweetledi
We're kicking off the USDH → USDC collateral migration tomorrow.
Starting June 10th, we'll begin winding down existing markets and settling open positions at mark price, working from least to most active over the coming days, ahead of the full transition to USDC. The final day to migrate will be June 17th.
If you're holding positions: every close settles at mark. We'll post the schedule below + have daily reminders before each batch so nothing catches you off guard.
USDC deployment + relisting of core markets is imminent, and details will be shared soon.
Full Market Settlement Schedule below.
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Native Markets retweetledi
In light of the USDH sunset, the Felix HIP-3 DEX and all live markets will begin sunsetting on June 19 and conclude on June 20. All traders are encouraged to close active positions before this time. Another reminder of this sunset will be sent in the Felix Discord and Telegram announcements channels on June 15.
Markets will be settled sequentially, with each market settling one hour after the previous market. For full settlement mechanics, please review the FLX HIP-3 Sunset section of the Felix docs here: usefelix.gitbook.io/docs/felix-per…
Telegram announcements: felixannouncements
Discord link in bio
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Detailed conversion instructions are available at usdh.com/migration
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To support the USDH sunset process, users may now redeem USDH on HyperEVM 1:1 to USDC on HyperCore with no fees via @AcrossProtocol
Please convert any remaining USDH you may have.
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Native Markets retweetledi
As part of the USDH sunset, Felix will be deprecating both USDH vaults on Felix Vanilla. Users should repay any open USDH borrow positions and transition supplied and borrowed USDH to USDC.
Users can convert their outstanding USDH balances to USDC through the HyperCore USDH/USDC order book, or via @AcrossProtocol 1:1 with no fees. USDC lending on Felix is currently yielding 5.81%.
USDH Flagship and USDH Frontier vaults will be removed from the Felix frontend on Friday, June 12. Users are encouraged to shift to USDC lending and borrowing on Felix before then or contact our team with any concerns.
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The above changes are now in effect.
Please convert any remaining HIP-1 USDH to USDC via the USDH/USDC HyperCore order book or USDH dashboard.
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As part of the USDH sunset process, Native Markets will unstake the HYPE required for AQA + PQA status tomorrow.
Existing USDH-denominated HIP-3 markets will continue to operate during and after the unstaking process. New markets will be unable to be created, and AQA benefits will no longer apply. Settlement of these markets will be at the discretion of each HIP-3 deployer.
HIP-1 spot markets will be removed, and open orders will be cancelled.
Users may continue to convert their USDH in the HyperCore USDH/USDC order book after the unstaking process has completed.
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Previously onboarded users may continue to convert USDH to USDC or fiat via the USDH Dashboard. Minting USDH has been disabled.
More information is available at usdh.com/migration
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Reminder: USDH will be sunset over the coming weeks. Please convert your USDH to USDC.
The easiest way to convert USDH is via the HyperCore USDH/USDC spot order book.
We are ensuring ample liquidity is present during this brief migration period.
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