by: xpoolPosted on:

Native Markets Odds Soar to 94.8% After Ethena Drops Out of USDH Bidding

The odds on Native Markets winning the Hyperliquid USDH stablecoin bid have surged significantly, reaching an impressive 94.8% following the withdrawal of Ethena Labs from the race. This surge follows a swift increase in Polymarket odds after news of Ethena’s withdrawal broke out. 25% of traders on the platform now predict Native Markets will win. 2. 5.2% believe Paxos, with its experience from launching PayPal’s PYUSD token, will ultimately clinch the bid.

Related posts:

  1. Ethena Labs Withdraws from Hyperliquid USDH Contest: Native Markets Leads the Way
  2. Ethena Exits USDH Race on Hyperliquid, Native Markets Takes Lead
  3. Hyperliquid’s USDH Battle: Who Will Issue the Key Stablecoin?
  4. Hyperliquid’s USDH Stablecoin Bid Competition Heats Up as Ethena Withdraws