Odaily reported that Hyperliquid has announced the completion of settlement for all USDH-quoted markets on HyperCore. The move is part of the platform’s USDH exit plan. The notice is directed at users who still hold USDH assets or have open arrangements connected to USDH through trading, borrowing, or lending functions.
Required actions for remaining USDH balances
According to Hyperliquid, users should immediately deal with any remaining USDH assets. The available actions listed in the announcement include converting USDH to USDC through the HyperCore spot order book, converting USDH to USDC on HyperEVM, withdrawing USDH from the Borrow/Lend product, and repaying borrowed USDH by purchasing the USDH/USDC trading pair. These steps cover conversion, withdrawal, and repayment activities tied to the USDH exit process.
Hyperliquid stated that users should complete the relevant asset conversions and borrowing or lending position adjustments in a timely manner to avoid effects from the USDH exit process. For accounts that still involve USDH, the announcement focuses on clearing remaining USDH, completing USDC conversions, and handling withdrawals or repayments within the Borrow/Lend product.