Tether Invests in Hyperliquid’s Dreamcash Application

Tether invests in Dreamcash, aiming to attract millions to Hyperliquid.

Supreme Liquid Labs, the operator of the Dreamcash application for the perp-DEX Hyperliquid, has announced strategic investments from the stablecoin issuer Tether.

https://t.co/oeJSSOHfZq

— Dreamcash (@Dreamcash) February 13, 2026

The collaboration aims to attract millions of USDT users to the decentralized exchange ecosystem. With the assistance of Selini Capital, the application has already launched its first HIP-3 markets on Hyperliquid, backed by USDT0. This token is an omnichain version of Tether’s flagship coin, developed using LayerZero technology.

According to the statement, since its launch in January 2025, USDT0 has facilitated transactions worth over $50 billion across 15 networks.

The Dreamcash team considers the initiative’s target audience to be “enormous,” potentially including:

• traders who consistently use USDT for margin lending on CEX;
• investors who store savings and working capital in stablecoins;
• users from regions where USDT serves as the standard unit of account for all cryptocurrency transactions.

Since mid-January, the application has provided access on Hyperliquid to more than 10 perpetual options markets for tech company stocks like Tesla, Nvidia, Google, Meta, and Microsoft, as well as 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 main provider, accounting for nearly 90% of the segment’s turnover.

Earlier this month, Tether became a strategic investor in the developer of the interoperability protocol LayerZero Labs.