BlockBeats News, September 27th, Native Markets officially announced that they have staked and locked 200,000 HYPE tokens (approximately $8.7 million) for a duration of 3 years, making USDH the first permissionless spot price asset added to Hyperliquid.
Previously reported, Native Markets won the bid for the Hyperliquid stablecoin USDH. Hyperliquid has launched the HYPE/USDH spot trading pair.
