USDH borrows have been discontinued on portfolio margin. Users are required to promptly withdraw lending deposits, repay borrows, and convert remaining USDH to USDC.

Hyperliquid has officially sunset USDH! ✅ All USDH-denominated markets on HyperCore have been fully settled. If you're holding or using USDH, act NOW: • Swap USDH → USDC 1:1 feeless on HyperEVM via Across • Trade USDH/USDC spot on HyperCore • Withdraw supplied USDH from Borrow/Lend • Repay borrows by buying USDH/USDC @HyperliquidX

If you still have USDH collateral, you are recommended to immediately convert it to USDC.

As part of the USDH sunset, all USDH-denominated markets on HyperCore have completed settlement. Users are recommended to immediately: + Swap USDH on HyperCore for USDC on the spot order book: app.hyperliquid.xyz/trade/US… + Swap USDH on HyperEVM for USDC 1:1 with no fees via Across: across.to/?from=hyperevm&to=… + Withdraw supplied USDH from Borrow/Lend: app.hyperliquid.xyz/earn + Repay borrowed USDH by buying USDH/USDC: app.hyperliquid.xyz/trade/US…

With final markets settling across the Hyperliquid ecosystem we would like to remind our users of the pending shutdown of USDH. HyperLend recommends that users repay any outstanding USDH debt and convert any supplied USDH to USDC. See QT for methods to convert USDH.

don't forget to convert your $USDH to $USDC

reminder to swap all your USDH to USDC ASAP (hard deadline is july 17th), especially if you have USDH borrows on hypercore your USDH debt will NOT be automatically converted to USDC and you will be at risk of liquidation because borrow rates will increase significantly

The final @Kinetiq_xyz Markets USDH pairs have completed settlement. By June 22, users are required to convert their remaining USDH via: - The HyperCore USDH/USDC order book - The @AcrossProtocol 1:1 USDH to USDC bridge - The USDH Dashboard

The final Kinetiq Markets USDH pairs have completed settlement. By June 22, users are required to convert their remaining USDH via: - The HyperCore USDH/USDC order book - The Across 1:1 USDH to USDC bridge - The USDH Dashboard

Ventuals will sunset all USDH pairs by June 19, with major markets settling today. Users should redeem their USDH for USDC by June 22. Zero-fee, 1:1 conversion is available on @AcrossProtocol via the HyperEVM USDH -> HyperCore USDC bridge.

Reminder: @Markets_xyz will be settling from June 10th to June 17th. @felixprotocol Markets will be settling from June 19th to June 20th. If you hold USDH from closed positions in these markets, you may convert to USDC 1:1 with no fees via @AcrossProtocol

We're kicking off the USDH → USDC collateral migration tomorrow. Starting June 10th, we'll begin winding down existing markets and settling open positions at mark price, working from least to most active over the coming days, ahead of the full transition to USDC. The final day to migrate will be June 17th. If you're holding positions: every close settles at mark. We'll post the schedule below + have daily reminders before each batch so nothing catches you off guard. USDC deployment + relisting of core markets is imminent, and details will be shared soon. Full Market Settlement Schedule below.

In light of the USDH sunset, the Felix HIP-3 DEX and all live markets will begin sunsetting on June 19 and conclude on June 20. All traders are encouraged to close active positions before this time. Another reminder of this sunset will be sent in the Felix Discord and Telegram announcements channels on June 15. Markets will be settled sequentially, with each market settling one hour after the previous market. For full settlement mechanics, please review the FLX HIP-3 Sunset section of the Felix docs here: usefelix.gitbook.io/docs/fel… Telegram announcements: felixannouncements Discord link in bio

As part of the USDH sunset, Felix will be deprecating both USDH vaults on Felix Vanilla. Users should repay any open USDH borrow positions and transition supplied and borrowed USDH to USDC. Users can convert their outstanding USDH balances to USDC through the HyperCore USDH/USDC order book, or via @AcrossProtocol 1:1 with no fees. USDC lending on Felix is currently yielding 5.81%. USDH Flagship and USDH Frontier vaults will be removed from the Felix frontend on Friday, June 12. Users are encouraged to shift to USDC lending and borrowing on Felix before then or contact our team with any concerns.