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Felix USDhl Review: Is It Ready to Use?

Felix USDhl is a fiat-backed stablecoin designed for the Hyperliquid ecosystem. Key details about its backing, costs and safeguards remain unclear.

By the SkyBitcoins review team · Updated

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At a glance

Felix USDhl key facts

Felix USDhl key facts
TypeFiat-backed stablecoin
PurposeBuilt for the Hyperliquid ecosystem
ChainsHyperliquid L1 and Ethereum
AuditNo audit listed
Value locked$356K+0.0% 7d
Updated

Felix USDhl FAQs

What is Felix USDhl?

USDhl is described as a fiat-backed stablecoin built for the Hyperliquid ecosystem. It is intended to support uses including payments, foreign exchange and applications built on Hyperliquid.

Which chains support USDhl?

USDhl is associated with Hyperliquid and Ethereum. Check that the token and network match your wallet or exchange before sending funds.

Is Felix USDhl safe, and can you redeem it for dollars?

The reserve details, redemption process, fees and custody arrangements are not established here. No audit is listed, so you should verify these points before relying on USDhl as a cash equivalent.

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How we checked

Sources

  1. defillama.com/protocol/felix-usdhl(opens in a new tab)

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