- Tether’s investment powers Dreamcash, unlocking new USDT perpetual markets.
- USDT0 collateral opens access to top global stocks and commodities.
- Dreamcash’s $200,000 weekly rewards program boosts decentralized trading participation.
Tether has made a bold move, investing in Dreamcash, a mobile platform for Hyperliquid, with the aim of unlocking significant opportunities in decentralized finance. This investment follows the launch of the first-ever USDT0-collateralized real-world asset (RWA) perpetual markets, offering a range of trading options from major indices like the S&P 500 to commodities such as gold and silver.
The new markets also include high-demand stocks such as Tesla, Nvidia, Google, Amazon, Meta, Robinhood, Intel, and Microsoft.
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A Game-Changer for USDT Traders
In a major leap for the decentralized exchange (DEX) sector, Tether’s USDT0 is now integrated into the Hyperliquid platform. This new USDT version enables traders holding USDT to directly engage with Hyperliquid’s advanced markets.
Until now, the platform primarily relied on USDC for its perpetual futures markets. Dreamcash, a self-custodial mobile app developed by Supreme Liquid Labs, announced on X that USDT0 now offers direct access to millions of traders seeking opportunities in these cutting-edge markets.
Incentives and Innovation to Drive Platform Growth
Tether’s investment isn’t just about technology integration. It also supports a $200,000 weekly incentive program for Dreamcash’s CASH markets. This initiative will reward traders based on their share of total USDT trading volume, significantly enhancing the platform’s appeal to new and existing users. Dreamcash’s approach, combined with this incentive program, is designed to fuel massive participation in the Hyperliquid ecosystem.
Moreover, the collaboration involves Selini Capital as a liquidity provider for the new RWA markets, collateralized by USDT0, a LayerZero-powered omnichain version of Tether’s USDT. These markets are enhanced by Hyperliquid’s HIP-3 standard, which allows for permissionless creation of new perpetual futures markets. Notably, third-party frontends like Dreamcash can now deploy markets if they meet the 500,000 HYPE token security bond staking requirement.
This strategic investment by Tether not only supports new market growth but aims to redefine decentralized finance with cutting-edge technology and rewarding incentives, positioning Tether as a dominant force in the future of trading.
