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The post HashKey Exchange Lists Hyperliquid (HYPE) for Professional Investors appeared on BitcoinEthereumNews.com. Professional investors in Hong Kong now have a regulated route into Hyperliquid’s on-chain perpetual futures market. HashKey Exchange, the licensed platform operated by HashKey Holdings (3887.HK), added Hyperliquid’s native token HYPE on May 14 and immediately began offering over-the-counter (OTC) trading for the token to its professional client base. The move, detailed in the original report, places a high-throughput trading asset inside a compliance framework that many institutions prefer over unregulated offshore venues. Hyperliquid is a Layer 1 blockchain purpose-built for on-chain order book perpetual futures and spot trading. HYPE itself pays for transaction fees and grants holders protocol governance rights. Regulated Access to a Derivatives-First Network The listing fits a pattern: regulated exchanges are quietly building bridges to derivative-heavy protocols that
Read full articleCrypto exchange Coinbase (COIN) made a major move for the Hyperliquid (HYPE) ecosystem on Thursday, outlining how it plans to deepen support for Circle’s USDC stablecoin on the platform. In a blog post, Coinbase said it is expanding its role by becoming the official treasury deployer of USDC on Hyperliquid, treating USDC as an Aligned […]
The post Coinbase Takes Over USDC Treasury Deployer Role on Hyperliquid, Phases Out Native USDH Stablecoin appeared on BitcoinEthereumNews.com. Hyperliquid’s native stablecoin is on its way out. The decentralized perpetuals exchange has chosen Coinbase as the official treasury deployer for USDC, a move that sidelines the platform’s own USDH token and hands a major plumbing role to a centralized entity. For a venue that built its reputation on permissionless leverage trading, the decision creates a clear trade-off: deeper liquidity and institutional alignment for a piece of on-chain governance. According to the original report, Native Markets has already agreed to terms allowing Coinbase to purchase the USDH brand assets. The USDH market will be phased out over an unspecified timeline, effectively making USDC the primary stablecoin for collateral and settlement on Hyperliquid. The shift gives Coinbase direct exposure to treasury management inside one of the most actively used derivative
The post Coinbase Named Official USDC Treasury Operator For Hyperliquid, Increases Staked HYPE Position appeared on BitcoinEthereumNews.com. Coinbase Named Official USDC Treasury Operator For Hyperliquid, Increases Staked HYPE Position Skip to content Home Crypto News Coinbase Named Official USDC Treasury Operator for Hyperliquid, Increases Staked HYPE Position Source: https://bitcoinworld.co.in/coinbase-hyperliquid-usdc-treasury-operator/
Bitwises Hyperliquid ETF starts trading Friday as HYPE rallies on Coinbases USDC deployer role and rising ETF demand. The post Bitwise Hyperliquid ETF to start trading Friday as HYPE rallies on Coinbase USDC deal appeared first on Crypto Briefing.
Coinbase plans to expand USDC adoption on Hyperliquid while Native Markets gradually "sunsets" USDH.
Native Markets won a competitive governance vote in September to issue USDH on Hyperliquid, beating Paxos and others by arguing ecosystem alignment over financial terms. Eight months and $100 million in supply later, it is selling its brand assets to Coinbase as USDC becomes the protocol's canonical quote asset.
After last year’s messy split from USDC, Hyperliquid is reconnecting with old friends as Coinbase and Circle return to the center of its trading ecosystem.
Coinbase is now Hyperliquid’s official USDC treasury deployer, replacing USDH as the platform’s primary stablecoin asset. USDC on Hyperliquid has reached roughly $5 billion, doubling year-over-year as on-chain trading demand continues to grow. USDH markets will sunset gradually, with feeless conversions to USDC and fiat redemptions available throughout the transition. Hyperliquid’s integration with Coinbase as […] The post Hyperliquid’s USDC Upgrade Could Reshape On-chain Trading appeared first on Live Bitcoin News.
