Markets by Kinetiq will work with @HyperliquidX and @nativemarkets to ensure a seamless transition to USDC for the margin asset for the DEX. First, credit where it's due: Native Markets pioneered the first production-scale protocol-aligned stablecoin. AQAv2 wouldn't exist without that work, and we were proud to ship it alongside them. Kinetiq contributed to >50% of USDH growth via $KNTQ and @Markets_xyz. The fragmentation between USDH <> USDC was completely abstracted on both frontends, desktop and mobile. That same abstraction layer makes the USDC transition invisible to traders. To traders of km assets, and kmHYPE stakers: As usual, we'll be over-communicative on the next steps and ultimately this does not affect stake, or $HYPE / $KNTQ buybacks in the slightest. Listings will carry over and expand aggressively. There is no action required on behalf of traders at this time.

Instant unstake is now live for kHYPE. This marks the first, and only option to instantly exit HYPE staking. A fee of 0.1% is assessed, which is split evenly 3 ways: 1) kHYPE yield 2) sKNTQ buybacks 3) Kinetiq's treasury Heavily kHYPE coded.

USD mode is now live on @Markets_xyz Trade all Hyperliquid perps regardless of USDC or USDH denomination. Margin type is automatically routed to account for each market. You can just simply just... trade things.