Hyperliquid’s USDH Stablecoin Auction: Native Markets Takes the Lead

In a closely watched DeFi auction, Polymarket traders predict a 93% chance that Native Markets will win Hyperliquid’s bid to become the fiat on/off-ramp partner for its USDH stablecoin. This outcome would solidify Native’s position in the USDH ecosystem, particularly as it relates to user engagement and interaction with the stablecoin within trading and DeFi platforms.