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Dreamcash Partners with Tether and Selini Capital to Launch HIP-3 Perpetual RWA Markets

According to Dreamcash, the partnership will enable HIP-3 perpetual contracts tied to tokenized real-world assets on Hyperliquid, leveraging USDT0 stablecoins as collateral.

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Summary

Dreamcash officially announced a collaboration with Tether and Selini Capital to introduce HIP-3 perpetual contract markets based on real-world assets on the Hyperliquid blockchain platform. The new markets will utilize USDT0, a stablecoin variant pegged to the U.S. dollar, as collateral, merging tokenized asset trading with blockchain-based perpetual contracts. This move aims to expand trading opportunities for investors engaging with RWAs.

Terms & Concepts
  • Perpetual Contract: A type of futures contract without an expiry date, allowing continuous trading with funding rates to anchor its price to the spot market.
  • RWA (Real-World Assets): Physical or traditional assets such as real estate or commodities tokenized on a blockchain for digital trading.
  • USDT0: A form of Tether stablecoin used as collateral, pegged to the U.S. dollar for price stability.