USDH is officially the first AQA on @HyperliquidX! All of the corresponding fee, rebate, and volume benefits are now live across USDH spot and HIP-3 markets.
As of 13:10 UTC, Native Markets has upgraded USDH to qualify as an Aligned Quote Asset. Now, when trading on markets quoted in USDH: Takers enjoy 20% lower fees Makers earn +50% rebates Traders earn +20% volume contribution toward fee tiers
For takers, that’s roughly like trading 2 to 3 fee tiers lower vs non-aligned order books, before stacking any HYPE staking discounts. If you're eligible for maker rebates, USDH fills net you an additional 0.05 to 0.15 bps depending on your tier.
USDH is now the cheapest way to trade on Hyperliquid, with no smart contract bridge risk, all while autonomously contributing reserve revenues to the Assistance Fund.
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