Hyper Foundation Allocates $10M Grants for USDH Delisting Impact
2026-06-29 09:33

Woofun AI reports that the Hyper Foundation has distributed approximately $10 million in grants to assist builders impacted by the USDH delisting. These funds cover migration and liquidation expenses for eligible recipients, including teams managing HIP-1 spot deployments, HIP-3 perpetual contracts, the HyperEVM protocol, the USDH:USDC bridge, and Native Markets. Migration grants target teams transitioning USDH-related activities to USDC, while smaller liquidation grants support those terminating such operations. All recipients must complete their processes by the end of July. Grant amounts for HIP-1 and HIP-3 are based on auction costs, whereas the HyperEVM grant reflects affected USDH TVL. Users can exchange USDH for USDC via the HyperCore spot order book or the Across service, which offers fee-free 1:1 conversion on HyperEVM.

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Tags:
USDH
USDC
Hyper 基金会
HIP-1
HIP-3
HyperEVM
Native Markets
HyperCore
Across
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