Hyper Foundation Allocates $10m in Grants to Support USDH Migration

Hyperliquid allocates $10M grant to devs as USDH gives way to USDC

Hyperliquid Foundation will allocate $10 million in grants to developers affected by the sunsetting of its native stablecoin, USDH, in favor of USDC.  The news came on Sunday, weeks after the Foundation had unstaked 250,001 HYPE, worth $16.9 million, from its grants wallet.  Three days ago, 250,001 hyperliquid:native worth $16,993,317.97 was unstaked from the grants wallet, which originally held 3M hyperliquid:native at TGE.This is likely relate…

Hyperliquid: USDH fades to $20mln – Here's what's replacing it

Hyperliquid strengthens its ecosystem as USDC dominance drives liquidity, protocol activity, and long-term token utility.

Hyper Foundation allocates $10m in grants to support USDH migration

Hyper Foundation will provide about $10m in grants to help Hyperliquid builders migrate from USDH to USDC or shut down by July this year.

Hyper Foundation Launches $10M Grants Amid USDH Shutdown

Hyper Foundation has introduced a $10 million grant program to help ecosystem projects transition from USDH to USDC before the end of July. The initiative supports migration costs, orderly shutdowns, and user asset conversions while aiming to maintain service continuity across the Hyper ecosystem.

Hyper Foundation Earmarks $10M In Grants To Wind Down USDH, Offering Builders A Soft Exit

Stablecoin shutdowns rarely go smoothly. When a widely used peg token disappears, protocols built on top of it often scramble to unwind positions while users face frozen liquidity and forced redemptions. Hyper Foundation is attempting a different path—one with a structured payout and a clear deadline. The foundation announced roughly $10 million in grants, confirming it will cover migration and wind-down costs for builders caught in the USDH sun…

Hyper Foundation Launches $10M Grant Program to Support USDH Migration

TLDR: Hyper Foundation committed about $10 million to support USDH migration across affected ecosystem projects. Eligible builders must complete migration or orderly shutdown activities before the end of July deadline. USDH holders can swap tokens for USDC through supported HyperCore and HyperEVM migration pathways. Grant allocations depend on deployment costs or affected USDH total value locked across supported protocols. Hyper Foundation has …