Hyperliquid’s USDH stablecoin has been integrated into Felix Vanilla, a lending and borrowing platform. This integration now allows users to leverage USDH for trading, borrowing, and earning yield directly within the Hyperliquid ecosystem. As announced by Felix Vanilla, users can acquire USDH from the Hyperliquid spot orderbook, mint it using Native Markets, or immediately begin lending and borrowing on Felix Vanilla. “It’s time to go native,” the protocol tweeted. The USDH stablecoin, issued by Native Markets, is fully backed by cash and US Treasury equivalents, maintaining a stable 1:1 peg with the U.S. dollar, boasting a market cap exceeding $25 million as of CoinMarketCap. The integration marks Hyperliquid’s continued growth in the decentralized finance (DeFi) space, further solidifying its position within the rapidly evolving sector. This launch follows a rigorous bidding process held last month, where Native Markets emerged victorious with nearly 70% of validator votes. Utilizing Bridge Stablecoin rails to ensure transparency and reserve backing through cash and U.S. Treasury equivalents, Hyperliquid’s USDH integration is a significant step in its journey towards becoming a major player within the DeFi landscape.