TechFlow news, October 14 — Decentralized exchange Hyperliquid announced the establishment of the Hyper Foundation, aimed at supporting the development of the Hyperliquid blockchain and ecosystem. With the launch of HyperEVM, applications built on Hyperliquid will gain access to this deep liquidity and other native financial primitives.
Hyperliquid's next step is to launch its native token HYPE, which is critical for the HyperBFT proof-of-stake consensus, HyperEVM, and future roadmap developments. As part of the genesis distribution, eligible users will have the option to receive HYPE tokens and an optional Hypurr NFT, commemorating the upcoming mainnet launch of HyperEVM.
Users must review and accept the Genesis Event terms on the official website before November 11, 2024, 23:59 UTC to participate. Hyperliquid stated that further details regarding HYPE and the Genesis Event will be announced later.
