Gate App Options Now Live! Test and Win Big
📅 Event Period: September 30, 2025 – October 17, 2025
- Submit valid feedback to receive 10–100 USDT.
- Complete at least 10,000 USDT in cumulative options trading volume to participate.
👉 Register now :https://www.gate.com/campaigns/2063
Details: https://www.gate.com/zh-tw/announcements/article/47455
The $5.6 billion future battle of Hyperliquid
[Plain Language Introduction] Hyperliquid, a rapidly rising DeFi perpetual contract exchange, boasts $5.6 billion in stablecoin assets and is facing a crucial game that will determine its future.
On September 14, validators will vote to decide the issuer of its native stablecoin USDH, competing for the right to a share of annual revenue distribution of up to $220 million. Competitors include the local team Native Markets, institution-backed Agora, Stripe, and others, each presenting different visions ranging from compliance to decentralization.
This transparent on-chain voting is not only a turning point for Hyperliquid, but it will also test the maturity of DeFi governance, determining how billions of dollars in profits will reshape the ecosystem.
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