Hyperliquid’s New Move: Trading Without Rules? 🚀
In a significant move, Hyperliquid has introduced permissionless spot quote assets on its mainnet. The feature creates automated trading of any token as a quote asset, and the potential for new trading pairs from Dutch auctions. The first stable asset to be deployed under this system is the USDH and HYPE/USDH trading has already gone live. The launch is a significant expansion of the protocol’s decentralized trading functionality and represents a step towards more open and equitable on-chain markets. 🤷♀️





