Hyperstable

Project

Lending & BorrowingStablecoinsYield & Asset Mgmt

Hyperstable is a decentralized stablecoin protocol that issues USH, an over-collateralized, crypto-backed USD stablecoin, and operates a dual-token model with PEG (utility) and vePEG (governance). It maintains peg via diversified on-chain collateral, delta-neutral strategies and peg-based interest, while PEG emissions and governance direct liquidity incentives within the HyperEVM/Hyperliquid ecosystem.