Asset Classes
$USDHL
Hyper USD (USDhl / USDHL) is a fiat-backed stablecoin built by Felix for the Hyperliquid ecosystem. USDhl is issued on Hyperliquid/HyperEVM and is backed 1:1 by M, M0’s wholesale dollar asset collateralized by short-term U.S. Treasuries. The asset is designed to serve as a native dollar building block for Hyperliquid use cases including HIP-3, lending, AMM liquidity, FX, payments, trading, and settlement. USDhl uses M0’s reserve and transparency infrastructure, with reserve holdings attested daily and streamed on-chai
Hyper USD (USDhl / USDHL) is a fiat-backed stablecoin built by Felix for the Hyperliquid ecosystem. USDhl is issued on Hyperliquid/HyperEVM and is backed 1:1 by M, M0’s wholesale dollar asset collateralized by short-term U.S. Treasuries. The asset is designed to serve as a native dollar building block for Hyperliquid use cases including HIP-3, lending, AMM liquidity, FX, payments, trading, and set...
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Learn more about this asset directly from the issuer's website.
$1,000,069
▼5.33%from 30d ago
$1.00
▲+0.02%from 30d ago
9,513
▼11.19%from 30d ago
$2.25M
▼99.35%from 30d ago
2,136
▼39.06%from 30d ago
Stablecoins Metrics
Metric
Show % of Total
Key Facts
Name
Hyper USD
Ticker
USDHL
CUSIP
—
ISIN
—
Platform
Tokenization Type
Type
—
Manager
—
Asset Class
Underlying Assets
—
Eligible Investors
Inception Date
06/02/2025
Use Of Income
Accumulates
Management Fees
0%
Performance Fees
0%
Market Data
Total Value
$1,000,738
▲
NAV
$1.00
△
Price
$0.9993
▲
Token Supply
1,000,737.72
▼
Circulating Supply
1,000,737.72
▼
7D APY
—
30D APY
—
Holders
9,513
▼
Trailing 30D Active Addresses
2,136
▼
Monthly Transfer Count
28,121
▼
Monthly Transfer Volume
$2,249,693
▼
Tokens
Primary Market
Eligible Investors
Professional InvestorNon-U.S. Investor
Base Assets
M
Subscription Time
Instant
Min. Investment
0 M
Subscription Fees
0%
Subscription Description
—
Redemption Time
Instant
Minimum Redemption Amount
0 M
Redemption Fees
0%
Redemption Description
—
KYC Description
—
Service Providers
Platform
Manager
—
Sub-Advisor
—
Custodian
Legal Identifier
—
Crypto Custodian
—
Fund Administrator
—
Traditional Broker
—
Crypto Broker
—
Auditor
—
Transfer Agent
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Paying Agent
—
Legal & Regulatory
Issuer
Felix Labs
Issuer LEI
—
Issuer CIK
—
Domicile
United States of America
Regulatory Framework
Non-Regulated
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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