Earn on USDH

Put your stablecoins to work.

Earn returns on USDH across Hyperliquid's top lending protocols. One stablecoin, multiple strategies, real-time rates.

Why Earn with USDH

Native returns across Hyperliquid.

USDH is HyperEVM’s only natively issued stablecoin, built to meet traders where they are. Access a diverse set of opportunities across an array of independent lending & DeFi protocols, with USDH as your onchain dollar.

Diversified Returns

Deploy your USDH across multiple lending protocols including Aave, Morpho, and Euler deployments to choose the risk-return profile that meets your needs.

Fully Backed

Every USDH is backed by US Treasuries, cash, and cash equivalents. Your principal is denominated in a stablecoin with institutional-grade reserves.

Powering Traders

Supply the stablecoins that traders depend on to get more out of their collateral. Users borrow USDH to use as margin in the core exchange.