Welcome to USDH
USDH is a dollar-denominated stablecoin token natively issued on the Hyperliquid network. Fully backed 1:1 by US Treasuries, cash, and cash equivalents, USDH provides a reliable and transparent stablecoin solution for the Hyperliquid ecosystem.Get Started with USDH
Learn about USDH, its features, and how to integrate it into your application.
Operations
Mint & Redeem
Onboard to mint and redeem USDH directly
Reserves & Transparency
View reserve backing and protocol contributions
Testnet
Test USDH integration on testnet
Key Features
Fully Backed 1:1
Fully Backed 1:1
All USDH is fully backed by US Treasuries, cash, and cash equivalents managed by Blackrock (offchain) and Superstate (onchain), with custody at JPMorgan Chase and Fireblocks respectively.
Aligned Quote Asset
Aligned Quote Asset
USDH contributes 50% of its off-chain reserve income to the Hyperliquid
protocol, supporting the network and ecosystem development.
Dual Network Support
Dual Network Support
Available on both HyperEVM (ERC-20) and HyperCore (HIP-1), with seamless 1:1
bridging between networks.
No-Cost Minting
No-Cost Minting
Onboarded institutions can mint and redeem USDH with zero fees, 24/7/365, with crypto-to-crypto transactions fulfilled in under a minute.
Network Alignment
USDH demonstrates long-term commitment to Hyperliquid through:- 1MM HYPE staked and locked in the deployer address
- 50% reserve yield contributions to the Assistance Fund
- Reduced-fee markets for USDH-denominated trading pairs
View Transparency Dashboard
Access reserve statistics and attestations
View Contributions
Track Assistance Fund contributions
Get Support
Need help with USDH integration or have questions?Contact Support
Email us at [email protected]