Odaily reported that Hyperliquid has announced the completion of settlement for all USDH-denominated markets on HyperCore. The move is part of the platform’s USDH exit plan. With the settlement of these markets completed, Hyperliquid is directing users to deal with any remaining USDH assets still held across its related products and venues.
According to the notice, users should take action immediately to manage their remaining USDH balances. The available steps include converting USDH into USDC through the HyperCore spot order book, converting USDH into USDC on HyperEVM, withdrawing USDH from the Borrow/Lend product, and repaying borrowed USDH by purchasing the USDH/USDC trading pair.
Hyperliquid said users should complete the relevant asset conversions and borrowing or lending position adjustments in a timely manner to avoid effects related to the USDH exit process. The announcement covers spot order book conversion, HyperEVM conversion, Borrow/Lend withdrawals, and repayment of borrowed USDH, with the central instruction being that users should finish handling remaining USDH assets as soon as possible.