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이 위키 역사의 주요 마일스톤과 중요한 이벤트
1st September 2025
Hyperliquid announced a call for proposals to develop USDH, a native stablecoin for its ecosystem, initiating a competitive bidding process.
1st September 2025
An on-chain, stake-weighted vote by Hyperliquid network validators began on September 11, 2025, to select the official issuer for USDH from the competing proposals.
1st September 2025
Hyperliquid removed its team's staked HYPE tokens from validator weighting to ensure a 'pure governance structure' for the USDH issuer vote.
1st September 2025
Ethena Labs, a leading contender, withdrew its proposal to issue USDH on September 11, 2025, citing community feedback and a preference for a Hyperliquid-native team.
1st September 2025
Native Markets officially won the bid to issue the USDH stablecoin after securing 66% of the final validator vote, with Paxos as the runner-up.
1st September 2025
The USDH stablecoin officially launched on the Hyperliquid mainnet on September 24, 2025, seeing over $2 million in trading volume within the first few hours.