Hyperliquid said it has completed settlement for all USDH-denominated markets on HyperCore as part of its USDH exit plan.

According to Odaily, the company urged users to promptly handle any remaining USDH holdings by converting USDH to USDC on the HyperCore spot order book, swapping USDH for USDC on HyperEVM, withdrawing USDH from its Borrow/Lend product, or repaying borrowed USDH by purchasing the USDH/USDC trading pair.

Hyperliquid said users should complete these conversions and manage related borrowing positions in a timely manner to avoid effects associated with the USDH exit process.