USH by Hyperstable: The fastest growing decentralized CDP stablecoin on the planet.

Borrowers in Hyperstable's core markets pay a peg-based interest rate. When $USH trades below peg, the rate rises gradually, and vice versa. The "pegrate" in Hyperstable's core markets is constrained by 5-15% guardrails, updated hourly with a 0.25% adjustment coefficient.

With $USH now slightly above peg, the peg-based interest rate has been tested and stabilized. Borrowers can expect the rate to decline gradually over the next few hours as Hyperstable maintains peg alignment.

Late last year, we decided to build Hyperstable on Hyperliquid because the ethos of decentralization and neutrality from the Hyper Foundation resonated deeply with us. Since then, we've built and launched a novel decentralized and overcollateralized stablecoin that's backed by

A decentralized exchange should run on a decentralized stablecoin backed by HYPE. The ticker is $USH.

A yield-bearing stablecoin is a wrapped investment claim, which limits its effectiveness as a medium of exchange. $USH by Hyperstable is non-yielding by design. Minters fully retain the upside potential of their $HYPE.

The ticker matters because everyone believes that it matters. It's a self-fulfilling prophecy (as long as you dont fuck up).

where's the prediction market for USDH?

your treasury backed stable will bail out the us-gov. thank you for your attention to this matter!

It's called the genius act because it forces crypto bro's to buy the debt.

Imagine your drunken uncle with a gambling addiction putting a gun to your head, and forcing you to accept his IOUs. That's your genius compliant stablecoin backed by tbills.

jez (blast era) Whoever gets the USDH ticker retires their whole bloodline. Keep this in mind when casting your vote.

The ticker is $USH, because the D is implied.

All $USH revenue flows through the $PEG token. This allows voters, liquidity providers, and lenders to simultaneously capture value while contributing to the growth of Hyperstable. Meanwhile, a T-bill-backed, HL-native stablecoin directing over 50% of revenue to AF/HYPE

𝗧𝗵𝗶𝘀 𝘄𝗲𝗲𝗸 𝘄𝗲'𝗿𝗲 𝗽𝘂𝘀𝗵𝗶𝗻𝗴 𝘁𝗼 𝗽𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝗼𝗻: - beHYPE in core borrow - USH/USDC liquidity pool - bbHLP/USH market - Enso swap integration - Haiku zap integration - Etherfi card integration - Easy borrow mode in dashboard - LHYPE & wHLP direct mint

took a while, but game is on!

The Hyperliquid team benefits from a thriving DeFi ecosystem on HyperEVM, enabling them to borrow against their $HYPE on Hyperstable at just 5%, eliminating the need to sell.

Season 1 is live. Start earning points today!

study codified reflexivity

Hyperstable continues to operate smoothly through the recent market downturn. USH remains at peg, liquidations have been orderly, and there is no bad debt. Borrowing rates are elevated, but all interest flows to $PEG, reinforcing liquidity APR.