USDH (USDH): D-Score 21/100 — Centralized Leaning

BlockIndex D-Score: 21/100 (Centralized Leaning). USDH (USDH) is a Layer 2 cryptocurrency using N/A consensus. USDH: Fully-reserved stablecoin enhancing liquidity in the Hyperliquid ecosystem with trusted asset collateralization.

Source: https://blockindex.ai/coin/usdh · Data by BlockIndex.AI · Updated 2026-06-19

D-Score breakdown (0-100, higher means more decentralized)
Component: Score: Overall D-Score: 21: Node distribution: 0: Initial distribution: 0: Governance: 16: Age and history: 5: Autonomy: 0: Key facts
- Layer: Layer 2
- Consensus: N/A (N/A)
- Launch: N/A
- Founder: N/A
- VC funded: No
- Max supply: N/A
- Circulating: 30,956,017

Market data (as of 2026-06-19)
- Price: $1
- Market cap: $30.94M
- 24h volume: $1.97M
- 24h change: +0.01% · 7d change: -0.05%

About
USDH is a stablecoin project within the Hyperliquid ecosystem, designed for stability and trust through collateralization with reliable assets like U.S. Treasuries and cash. It is fully reserved, leveraging assets from reputable sources such as BlackRock to ensure transparency and security. USDH supports liquidity and financial operations on the HyperEVM chain, establishing itself as a significant player in digital financial instruments. The project is integrated into the Hyperliquid Assistance Fund, contributing yields and maintaining balance within the ecosystem. USDH aims to provide a dependable digital dollar representation to support transactions and stability in trading operations.

Links
- Website: https://coinmarketcap.com/currencies/hyperliquid-usd/
- Whitepaper: N/A
- GitHub: N/A

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About the D-Score: BlockIndex.AI rates decentralization from 0 to 100 across node distribution, initial distribution, governance, age and history, and autonomy. Methodology: https://blockindex.ai/dscore