This market tracks which project will secure the USDH ticker on Hyperliquid, a key branding decision for stablecoin adoption on the platform. Hyperliquid validators are set to decide the winner on September 14, 2025, with competing issuers like Native Markets, Paxos, Ethena, and Sky in the running. The ticker will go to the proposal that earns validator majority support, as confirmed by Hyperliquid’s official announcements.

1. This market resolves to "Yes" if Native Markets is officially confirmed as the winner, or is one of the winners in a joint proposal of the Hyperliquid USDH ticker vote held on September 14, 2025.
2. If another project (Paxos, Ethena, Sky, or any other competitor) wins, this market resolves to "No".
3. The primary resolution source will be official information from Hyperliquid, including announcements on their website, Discord, or other official channels.
4. If the vote is not completed, no winner is declared, or the outcome is not confirmed by September 16, 2025, 11:59 UTC, this market resolves to "No".
5. In case of ambiguity or conflicting reports, resolution will follow the consensus of official Hyperliquid statements.