The Hyper Foundation has announced that Hyperliquid users will get a native token HYPE in preparation for the upcoming main net launch of the HyperEVM.
It would function as the core utility token within the proof-of-stake consensus of HyperBFT and HyperEVM, among other development milestones that can be achieved over time.
Hyperliquid HYPE Token Powers HyperEVM
The newly-formed Hyper Foundation announced that Hyperliquid users will soon become owners of a new native token, HYPE. The community eagerly waits for the main net release of the HyperEVM. This is one of the foundation’s most crucial milestones. This token will lie at the heart of the proof-of-stake consensus mechanism called HyperBFT. It will also power the HyperEVM and further developments in the ecosystem.
The Hyper Foundation has been established to support the growth of the Hyperliquid blockchain and ecosystem. Today, the flagship application on Hyperliquid is the premier decentralised exchange, part of the foundation fo
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