Hyperion DeFi unwinds $29M deals as USDH sunsets

Hyperion DeFi is terminating significant deals totaling $29 million with Felix and Native Markets as its USDH stablecoin undergoes a sunsetting process. This strategic move signals a shift away from the USDH ecosystem, impacting associated liquidity and market participation. The unwinding of these agreements reflects a broader trend of recalibration within the decentralized finance space as projects adapt to evolving market conditions and regulatory landscapes. Investors and participants in these specific DeFi protocols should monitor the transition closely for any potential ripple effects on asset values and operational continuity.