SwanBluechip
Menu
data
map · bluechip score · Native Markets

Native Markets

Stablecoin
7/10
bluechip score
Strong
SwanBluechip verdict

Strong — 7/10. Issuer of USDH, a dollar stablecoin on Hyperliquid. Ranked #2 of 2 Stablecoins projects we track.

Last reviewed May 2026 · independent editorial rating, not financial advice
Status
Farmable
Airdrop
None
TVL (DefiLlama, HL L1)
Macro
Stablecoins
Visit Native Markets → @nativemarkets on X

The take

Issuer of USDH, a dollar stablecoin on Hyperliquid. Reserve management and the use of reserve income are described in Native Markets' official announcements.

Product information

Mint and use USDH across the ecosystem (HIP-3 perps settle in USDH; spot pairs on HyperCore). No formal issuer-side points program yet.