Hyperliquid Launches Permissionless Spot Quote Asset Feature

On September 28, the Hyperliquid mainnet officially enabled the permissionless spot quote asset feature. The first permissionless quote asset is USDH, deployed by Native Markets, and the related trading pair HYPE/USDH is now live. In the future, the platform will gradually add more permissionless trading pairs. Permissionless spot quote assets allow users or asset deployers to set tokens as quote assets in spot trading pairs based on on-chain rules, without requiring centralized approval.