Question 1

What stablecoins are on Hyperliquid?

Accepted Answer

Hyperliquid L1 supports multiple stablecoins including USDC (the dominant quote asset for perp markets), USDT, USDe, USDH, and feUSD. Each is tracked with live circulating supply and market share.

Question 2

Which stablecoin is the default for Hyperliquid trading?

Accepted Answer

USDC is the primary collateral and quote asset for perp futures on Hyperliquid. Other stablecoins are used for DeFi, staking, and bridged liquidity within the ecosystem.

Stablecoins on Hyperliquid