According to official news, Hyperliquid will optimize the spot market structure in the next network upgrade. Taker fees, maker rebates, and user trading volume contributions for spot trades between two spot-quoted assets will be uniformly reduced by 80% to improve liquidity and reduce user friction. Furthermore, the protocol's currently reserved stablecoin symbol, USDH, will be released through an on-chain validator voting process. This voting process will be conducted entirely on Hyperliquid L1 and will be similar to the delisting vote. Selected teams will then participate in the regular spot deployment gas auction. Officials stated that USDH, as a highly demanded regulated symbol, will be used to build a compliant, Hyperliquid-first native stablecoin. In the future, spot-quoted assets will gradually become permissionless, with related staking and penalty mechanisms to be announced later.