According to Odaily, Hyperliquid announced that all USDH-quoted markets on HyperCore have completed settlement as part of the USDH exit plan. The platform said users should immediately handle any remaining USDH assets and complete the relevant conversion, withdrawal or repayment steps under the current exit process to avoid being affected by the USDH withdrawal arrangement.
Hyperliquid listed several actions for users. USDH can be converted into USDC through the HyperCore spot order book, and users can also exchange USDH for USDC on HyperEVM. For users involved with the Borrow/Lend product, Hyperliquid said USDH should be withdrawn from the product. If users have borrowed USDH, they may repay the borrowed amount by purchasing the USDH/USDC trading pair.
The announcement emphasizes that the USDH-quoted markets have already been settled, while the remaining work for users centers on handling leftover USDH assets, completing USDH-to-USDC conversion, and resolving Borrow/Lend positions through withdrawal or repayment where applicable.