Native Markets has vaulted to the front in the race to host Hyperliquid's USDH stablecoin with 53 percent validator support and key endorsements boosting HYPE token prices above fifty dollars. Their proposal could reshape governance rewards.
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Ethena Labs is competing with major stablecoin issuers for the chance to mint Hyperliquid’s USDH token. The winner will shape the DeFi platform’s liquidity and revenue model. Ethena’s proposal pledges strong reserve backing and community returns.
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Meteora has officially announced its token generation event will take place in October, dashing hopes of a September launch. The Solana-based DEX’s innovative liquidity tools and growing user base will now wait a month for the MET token’s arrival.
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