Latest Hyper USD (USDHL) News Update

Deep Dive

1. Security Audit Inconclusive (9 September 2025)

Overview:
Blockchain security firm Ghanem Lab published a token scan report on Hyper USD, highlighting an unlimited max supply and 30 trading pairs as potential red flags. While the audit confirmed the contract’s immutability (no upgradeability) and disabled mint function, it noted “insufficient data” to fully assess risks.

What this means:
This is neutral for USDHL short-term but introduces watchpoints. The immutable contract reduces rug-pull risks, but unlimited supply could pressure its $1 peg if demand fluctuates. Multiple trading pairs – often a liquidity positive – may expose it to arbitrage volatility. Price held steady at $0.9995 (-0.19%) post-report, suggesting muted market reaction.
(Ghanem Lab)

Conclusion

Hyper USD’s audit reveals a mixed stability profile: bulletproof contract mechanics offset by open-ended supply governance. With the altcoin season index rising (+69.77% monthly), will USDHL’s peg hold if traders rotate to riskier assets?

Deep Dive

1. @GhanemLab: Audit raises supply and oversight concerns mixed

"Unlimited max supply with 100% circulating tokens already minted […] Status Evaluation: Inconclusive – Insufficient data (Monitoring)"
– @GhanemLab (X followers · 12.3k impressions · 2025-09-09 14:05 UTC)
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What this means: This is mixed for USDHL because while the immutable contract and disabled minting prevent inflation risks, the unlimited supply framework and lack of KYC transparency could deter institutional adoption until clearer safeguards emerge.

Conclusion

The consensus on Hyper USD is mixed, balancing technical safeguards against token manipulation with unresolved questions about long-term supply governance. Watch for updated audits from Ghanem Lab or similar firms to clarify whether USDHL’s structure aligns with its stablecoin claims.

Deep Dive

1. Contract Immutability Confirmed (9 September 2025)

Overview:
The smart contract is permanently locked, meaning no future upgrades or patches can be applied. This eliminates admin manipulation risks but also prevents bug fixes or feature additions.

The immutability was verified in a 9 September 2025 audit by Ghanem Lab, which found no backdoor functions or hidden governance mechanisms. While this ensures predictability, it leaves no recourse for addressing vulnerabilities if discovered later.

What this means:
This is neutral for USDHL because it prioritizes security through irreversible code but sacrifices adaptability. Users gain long-term consistency at the cost of future improvements.
(Ghanem Lab)

2. Mint/Burn Controls Locked (9 September 2025)

Overview:
The contract permanently disables new token minting and allows burning, though no burns have occurred recently.

Auditors confirmed the mint function is irreversibly disabled, capping the total supply at 13.06M USDHL. The burn feature remains unused, suggesting stable demand or lack of incentive mechanisms.

What this means:
This is mildly bullish for USDHL because a hard supply cap reduces inflation risks. However, inactive burning limits deflationary potential, relying solely on organic demand shifts.
(Ghanem Lab)

Conclusion

Hyper USD’s codebase emphasizes rigidity over adaptability, appealing to users prioritizing predictability but raising concerns about long-term scalability. With the contract frozen and supply mechanics static, how might external market pressures—like demand surges or liquidity crises—impact its peg stability?