Polymarket Bets, Early Validator Votes Show Native Markets Poised to Snag Hyperliquid’s USDH Crown

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In a thrilling game of digital coin toss, Polymarket bettors are practically putting their money on Native Markets to claim the prize: the highly coveted right to introduce Hyperliquid’s upcoming native USD stablecoin, set to be known as USDH. A spectacular 94

Hyperliquid Stablecoin Race Turns Lopsided as Native Markets Nears Lock-In

In the past week, several contenders have been scrambling for position, each eager to power the soon-to-debut Hyperliquid stablecoin, fittingly named USDH. Paxos, Agora, Bastion, Native Markets, Ethena, Sky (formerly MakerDAO), and Frax have all tossed their hats into the ring, presenting dazzling blueprints for yield-sharing, ecosystem tie-ins, and some very creative backing mechanisms.

Over at Polymarket, a massive $2.62 million wager pool shows Native Markets as the undeniable favorite to secure the USDH infrastructure deal. The vote to decide this thrilling spectacle will occur on Sept. 14, 2025, from 10:00 to 11:00 UTC. As of now, bettors are giving Native Markets an overwhelming 94

Source: Polymarket bet on Sept. 11, 2025.

To add to the drama, Polymarket puts Paxos at 22

Native Markets was created with a singular mission: to compete for the right to issue Hyperliquid’s USDH stablecoin, with the help of those already entrenched in the Hyperliquid ecosystem. In just three days, the community will find out if Hyperliquid will crown Paxos, Agora, Bastion, Native Markets, Ethena, Sky, or Frax. But beyond Polymarket wagers, Native Markets is also leading in early validator votes. A nail-biter indeed.

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2025-09-11 19:57