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Hyperliquid launches permissionless Spot quote assets, with USDH as the first to be enabled.
According to Hashlink News, Hyperliquid has announced that its mainnet has launched permissionless spot quote assets. Stable asset deployers can enable the "quote asset" status according to on-chain requirements. Any quote asset can be used as a quote asset in the first spot trading pair of HIP-1; new trading pairs between existing base and quote assets can be deployed through permissionless Dutch auctions, independent of the HIP-1 token auction. Native Markets has deployed USDH as the first permissionless quote asset, and the HYPE/USDH trading pair is now live, with plans to deploy more permissionless trading pairs as much as possible.
$USDH $HYPE #Cryptocurrency Blockchain #Hyperliquid CryptoAssets