According to Native Markets, the issuer of the USDH stablecoin, Hyperliquid has announced important updates for USDH users. Regarding Outcome Markets, HIP-4 Outcome Markets is now live on the testnet, with all Outcome Markets deployed by validators denominated in USDH; the initial mainnet release will feature 1-day Outcome Markets for BTC and HYPE. Regarding portfolio margin limits, the global supply cap has been increased to 500 million USDH, the global borrowing cap has been raised to 100 million USDH, the individual supply limit has been raised to 5 million USDH, and the individual borrowing limit has been increased to 1 million USDH. These increased limits will take effect at the next network upgrade.
Hyperliquid Launches USDH-Backed Outcome Markets and Increases Margin Limits
TechFlowShare
Summary
Hyperliquid has launched new USDH-backed Outcome Markets under the HIP-4 framework, now live on testnet. Markets deployed by validators are priced in USDH, with the mainnet version set to include 1-day BTC and HYPE Outcome Markets. Margin limits have also been adjusted: the global supply cap is now $500 million USDH, with borrowing capped at $10 million USDH. Single-user limits are $5 million USDH for supply and $1 million USDH for borrowing. These changes align with ongoing BTC update initiatives and broader shifts in global crypto policy. The next network upgrade will activate these updates.
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