Hyperliquid

The Stables Network is the premier venue for deep, reliable stablecoin liquidity. At its core, the FX DEX serves as the backbone of liquidity within the Stables ecosystem, enabling seamless and efficient stablecoin operations across USD and non-USD pairs. To guarantee the deepest liquidity and wholesale FX rates, Stables is supported by a network of trusted liquidity providers, including licensed solvers (market makers, liquidity providers, and OTC desks), payment service providers (PSPs), and centralized exchanges (CEXs).