Hyperliquid: Meme coin PURR will be available for trading at noon on April 16, and 50% will be airdropped to Points holders in proportion

2024-04-16 09:22:11BlockBeatsShare to:

MEME-5.21% ($0.025999)

According to BlockBeats, on April 16, Hyperliquid announced that it will launch the spot trading function of its first native token PURR on the L1 mainnet from 12:00 to 14:00 Beijing time today. The total amount of PURR is 1 billion, of which 50% will be airdropped to Points holders in proportion, and the other 50% will be permanently locked in the liquidity pool of the PURR/USDC trading pair through the "Hyperliquidity" mechanism. The issuance of PURR is based on two permissionless native token standards independently developed by Hyperliquid: 1. HIP-1: allows the deployment of native tokens and the creation of on-chain spot order books. 2. HIP-2: An innovative mechanism called "Hyperliquidity" that can permanently lock liquidity in the spot order book of HIP-1 tokens, forming a synergistic effect with the user's order liquidity. Similar to perpetual contracts, PURR's spot order book will also run entirely on-chain. Hyperliquid said that HIP-1 and HIP-2 are important steps towards a high-performance universal infrastructure. PURR will be the first native asset issued based on the HIP-1 standard. In the future, HIP-1 is expected to become the permissionless infrastructure of Hyperliquid L1 and create the possibility of cross-chain bridging from other chains.

$MEME BRC-20Intro

$MEME is a BRC-20 to...All

$MEME BRC-20Markets

Price	$0.025999 USD	Price Change (24h)	-5.21%	Trading Volume (24h)	$35,768,348.82 USD
Market Cap	$309,414,254.89 USD	Circulating Supply	12,795,097,846.03	Max Supply:	69,000,000,000

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