Chance Native Markets Surges as USDH Hyperliquid Ticker Tops 70% on Polymarket
According to usdhtracker and Polymarket data, Native Markets controls over 71% of the voting stake in the Hyperliquid USDH auction, with Paxos trailing far behind.
HYPE
Fact Check
The statement is strongly supported by a single, specific source. The Bitget news article directly mentions a Polymarket competition for 'USDH Issuance Right,' stating that 'Native Markets has a winning probability as ... 70%.' The article also references 'Hyperliquid' in the same context, corroborating all key elements of the claim.
- Reference: 1
Summary
Native Markets has secured 71.18% of the voting stake in the Hyperliquid USDH stablecoin auction, supported by 10 of 19 validator nodes, according to usdhtracker. Polymarket data shows Native Markets with a 98.1% chance of winning, while Paxos holds 1.8% and ranks second.
Terms & Concepts
- Polymarket: A decentralized prediction market platform where users can trade on the outcome of real-world events using crypto assets.
- USDH: A stablecoin pegged to the U.S. dollar, often used in DeFi ecosystems for trading and liquidity purposes.
- Hyperliquid: A blockchain-based decentralized exchange and trading protocol designed for high-speed and scalable derivatives markets.