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Hyperliquid stablecoin USDH auction prediction shows that the "native market" has a leading win probability, while Paxos is only at 15%.
According to BlockBeats news on September 10, the Polymarket page shows that the native market has a winning probability of 74% in the auction for the Hyperliquid stablecoin USDH, leading a number of third-party bidders. Paxos ranks second with a winning probability of 15%, and Ethena comes in third with a winning probability of 12%.