CandleFocus Hyperliquid announces native token HYPE ahead of mainnet launch
2024-10-14
Author: Content Editor
Decentralized exchange Hyperliquid is launching its native token, HYPE, as part of its upcoming HyperEVM mainnet launch. Eligible users can claim HYPE and a commemorative non-fungible token by accepting the terms before November 11. The Hyper Foundation, focused on building a decentralized financial infrastructure, supports the growth of Hyperliquid's blockchain and ecosystem. The launch of HYPE is important for the network's proof-of-stake consensus mechanism, as users need to hold tokens to validate transactions and secure the network.
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