Hyperliquid Ecosystem

<p>Last stablecoin (USDxl) is a hybrid design that: Lets users mint USDxl against blue chip over-collateralized cryptoassets and uses chain revenue to buy tokenized U.S. Treasuries to mint USDxl distributed as rewards. This provides a reserve for a fully exportable stable asset. You can USDxl on Last DeFi - or export it your favorite chain to use it there. </p><p>Last is an EVM chain and the native home of a new USD stablecoin. Users source revenue-generating assets from any other chain to mint a new hybrid stablecoin or use in DeFi. </p>

Last USD

USDxl is a hybrid peggent 1:1 USD stablecoin lets users mint USDxl against blue chip over-collateralized cryptoassets. 

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