Tether has invested in the Dreamcash app from Supreme Liquid Labs, enhancing the Hyperliquid decentralized exchange experience.
Supreme Liquid Labs, the operator behind the Dreamcash application designed for the Hyperliquid decentralized exchange, has secured a significant investment from Tether, the prominent stablecoin issuer.
"We are excited to announce this partnership with Tether to enhance the Dreamcash experience for our users." — Dreamcash (@Dreamcash)
This partnership aims to leverage Tether's USDT to draw in millions of users to the decentralized exchange ecosystem. With assistance from Selini Capital, Dreamcash has already launched its first markets on Hyperliquid, identified as HIP-3, supported by USDT0, an omnichain version of Tether’s flagship stablecoin utilizing LayerZero technology.
Since its introduction in January 2025, USDT0 has processed over $50 billion in transactions across 15 different blockchain networks.
The Dreamcash team believes the initiative targets a vast audience, including:
- Traders who frequently use USDT for margin trading on centralized exchanges;
- Investors keeping savings and operational funds in stablecoins;
- Users in regions where USDT is the predominant currency for crypto transactions.
Since mid-January, Dreamcash has enabled access to over 10 perpetual options markets on Hyperliquid, covering tech stocks such as Tesla, Nvidia, Google, Meta, and Microsoft, in addition to the S&P 500 index, gold, and silver.
In early February, the daily trading volume on the HIP-3 platform surpassed $5 billion, with TradeXYZ dominating the market by contributing nearly 90% of the total turnover.
Earlier this month, Tether also became a strategic investor in LayerZero Labs, the team behind the interoperability protocol.
