$USDHL
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M0
USDHL Icon

Hyper USD

Hyper USD (USDhl / USDHL) is a fiat-backed stablecoin built by Felix for the Hyperliquid ecosystem. USDhl is issued on Hyperliquid/HyperEVM and is backed 1:1 by M, M0’s wholesale dollar asset collateralized by short-term U.S. Treasuries. The asset is designed to serve as a native dollar building block for Hyperliquid use cases including HIP-3, lending, AMM liquidity, FX, payments, trading, and set...

Distributed Asset
Stablecoins
Professional InvestorNon-U.S. Investor
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Learn more about this asset directly from the issuer's website.

Market Cap

$1,057,551

+0.04%from 30d ago

Price

$1.00

+0.13%from 30d ago

Holders

12,743

+0.51%from 30d ago

Monthly Transfer Volume

$8.64M

92.98%from 30d ago

Monthly Active Addresses

690

3.90%from 30d ago

Stablecoins Metrics

Show % of Total

Key Facts

Name
Hyper USD
Ticker
USDHL
CUSIP
ISIN
Platform
Tokenization Type
Manager
Asset Class
Underlying Assets
Eligible Investors
Inception Date
06/02/2025
Use Of Income
Accumulates
Management Fees
0%
Performance Fees
0%

Market Data

Total Value
$1,058,361
NAV
$1.00
Price
$0.9992
Token Supply
1,058,361.18
Circulating Supply
1,058,361.18
7D APY
30D APY
Holders
12,743
Trailing 30D Active Addresses
690
Monthly Transfer Count
69,279
Monthly Transfer Volume
$8,644,838

Tokens

Network
Type
Token Standard
Token Supply
Circulating Supply
Bridged Supply
Holders
Trailing 30D Active Addresses
Monthly Transfer Volume
Monthly Transfer Count
Contract Address
Native
ERC-20
1,058,361.18

Primary Market

Eligible Investors
Professional InvestorNon-U.S. Investor
Base Assets
M
Subscription Time
Instant
Min. Investment
0 M
Subscription Fees
0%
Redemption Time
Instant
Minimum Redemption Amount
Redemption Fees
0%

Service Providers

Platform
Manager
Sub-Advisor

Custodian

Legal Identifier

Crypto Custodian
Fund Administrator
Traditional Broker
Crypto Broker
Auditor
Transfer Agent
Paying Agent

Legal & Regulatory

Issuer
Felix Labs
Issuer LEI
Issuer CIK
Domicile
United States of America Flag

United States of America

Regulatory Framework

Non-Regulated

Dispute Resolution Country
Account Segregation
Bankruptcy Remote
Deposit Insurance
Terms
Management Fees
0%
Performance Fees
0%
Other Fees
Redemption Fees
0%
Subscription Fees
0%

Holders

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holder breakdowns

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Holders Product Screenshot