Supreme Liquid Labs, the operator of the Dreamcash user application for the perp-DEX Hyperliquid, has announced strategic investments from Tether, the issuer of stablecoins.
— Dreamcash (@Dreamcash) February 13, 2026
This collaboration aims to attract millions of users of the decentralized exchange ecosystem utilizing USDT. With the support of Selini Capital, the app has already launched its first markets on Hyperliquid, known as HIP-3, backed by USDT0. This token is an omnichain version of Tether's flagship coin, developed using LayerZero technology.
Since its launch in January 2025, USDT0 has facilitated transactions exceeding $50 billion across 15 networks.
The Dreamcash team considers the target audience for this initiative to be "huge," potentially including:
- Traders who regularly use USDT for margin trading on centralized exchanges (CEX);
- Investors who hold savings and working capital in stablecoins;
- Users from regions where USDT serves as the standard currency for all cryptocurrency transactions.
Since mid-January, the app has provided access on Hyperliquid to over 10 perpetual options markets for tech stocks like Tesla, Nvidia, Google, Meta, and Microsoft, as well as for the S&P 500 index, gold, and silver.
In early February, the daily trading volume on the HIP-3 decentralized platform exceeded $5 billion. TradeXYZ remains the primary provider, accounting for nearly 90% of the segment's turnover.
As a reminder, in February, Tether became a strategic investor in LayerZero Labs, the developer of the interoperability protocol.