USDH Icon

$USDH

USDH is a U.S. dollar-denominated stablecoin built for the Hyperliquid ecosystem. It is issued by Bridge and designed by Native Markets to provide a native dollar asset across HyperCore and HyperEVM. Each USDH is backed 1:1 by U.S. Treasuries, cash, and cash equivalents, with offchain reserves managed by BlackRock and custodied with JPMorgan Chase, and onchain reserves managed by Superstate using Fireblocks infrastructure. USDH is intended to support fast, low-cost onchain finance, including trading, payments, fiat on/off-ramps, and institutional minting and redemption. Third-party reserve attestations are published monthly to provide transparency into supply and backing.

USDH is a U.S. dollar-denominated stablecoin built for the Hyperliquid ecosystem. It is issued by Bridge and designed by Native Markets to provide a native dollar asset across HyperCore and HyperEVM. Each USDH is backed 1:1 by U.S. Treasuries, cash, and cash equivalents, with offchain reserves managed by BlackRock and custodied with JPMorgan Chase, and onchain reserves managed by Superstate using ...

Stablecoins
Institutional Investor
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Learn more about this asset directly from the issuer's website.

Market Cap

$10,576,046

54.72%from 30d ago

Price

$1.00

0.02%from 30d ago

Holders

4,008

2.98%from 30d ago

Monthly Transfer Volume

$106.24M

74.84%from 30d ago

Monthly Active Addresses

852

61.11%from 30d ago

Stablecoins Metrics

Show % of Total

Key Facts

Name
USDH
Ticker
USDH
CUSIP
ISIN
Platform
Tokenization Type
Type
Manager
Asset Class
Underlying Assets
Eligible Investors
Inception Date
09/24/2025
Use Of Income
Accumulates
Management Fees
0%
Performance Fees
0%

Market Data

Total Value
$10,627,213
NAV
$1.00
Price
$0.9952
Token Supply
10,627,212.88
Circulating Supply
10,627,212.88
7D APY
30D APY
Holders
4,008
Trailing 30D Active Addresses
852
Monthly Transfer Count
41,627
Monthly Transfer Volume
$106,241,157

Tokens

Network
Type
Tokenization Type
Token Standard
Token Supply
Circulating Supply
Bridged Supply
Holders
Trailing 30D Active Addresses
Monthly Transfer Volume
Monthly Transfer Count
Contract Address
Native
ERC-20
10,627,212.88

Primary Market

Eligible Investors
Institutional Investor
Base Assets
USDCUSD
Subscription Time
Daily
Min. Investment
0 USDC
Subscription Fees
0%
Subscription Description
Onboarded market makers, institutions, and approved power users can mint USDH directly through the Native Markets dashboard or API via Bridge, the issuer of USDH. Minting is supported 1:1 from fiat USD via Wire or ACH, and from USDC on Ethereum Mainnet, Arbitrum, Base, and Polygon, into USDH on HyperEVM or HyperCore. Minting is subject to Bridge onboarding, KYB/KYC, sanctions screening, supported jurisdictions, and applicable transaction or network fees.
Redemption Time
Daily
Minimum Redemption Amount
0 USDC
Redemption Fees
0%
Redemption Description
KYC Description

Service Providers

Platform
Manager
Sub-Advisor
Superstate iconSuperstate

Custodian

Legal Identifier

JPMorgan Chase Bank, National Association
0000835271
Crypto Custodian
Fireblocks iconFireblocks
Fund Administrator
Traditional Broker
Crypto Broker
Auditor
BPM LLP iconBPM LLP
Transfer Agent
Paying Agent

Legal & Regulatory

Issuer
Bridge
Issuer LEI
Issuer CIK
Domicile
United States of America Flag

United States of America

Regulatory Framework

U.S. State Money Transmitter Licensing

Dispute Resolution Country
Account Segregation
Bankruptcy Remote
Deposit Insurance
Terms

Fees

Management Fees
0%
Performance Fees
0%
Other Fees
Redemption Fees
0%
Subscription Fees
0%

Holders

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holder breakdowns

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