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Hyperliquid Mainnet Launches Permissionless Spot Quoted Assets, USDH Becomes the First Enabled Asset

Hyperliquid Mainnet Launches Permissionless Spot Quoted Assets, USDH Becomes the First Enabled Asset

ChaincatcherChaincatcher2025/09/28 10:18
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ChainCatcher reported that Hyperliquid has announced the mainnet launch of permissionless spot quote assets. Stable asset deployers can enable the "quote asset" status according to on-chain requirements.

Any quote asset can serve as a quote asset in the first spot trading pair under HIP-1; new trading pairs between existing base and quote assets can be deployed through permissionless Dutch auctions, independent from HIP-1 token auctions. Native Markets has deployed USDH as the first permissionless quote asset, and HYPE/USDH trading is now live. More permissionless trading pairs will be deployed as much as possible in the future.

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