<a href=”https://www.coindesk.com/learn/what-is-a-dex-how-decentralized-crypto-exchanges-work/ ” target=”_blank”>Decentralized crypto exchange</a> HyperLiquid distributed its native token, HYPE, spurring demand that saw the price jump to $4.18 from an initial $3.2 and lifting the fully diluted value (FDV) to $4.2 billion
There are 333 million of the planned 1 billion tokens in circulation after the airdrop, giving a market cap of around $1.4 billion. Trading volume topped $165 million during the first hour of trading.
Of the total supply, 38.88% has been allocated to future emissions and community rewards and 23.8% is set aside for current and future core contributors.
The token can be staked to secure HyperBFT, the <a href=”https://www.coindesk.com/learn/2020/12/30/what-is-proof-of-stake/ ” target=”_blank”>proof-of-stake consensus</a> algorithm that powers the platform. It can also be used to pay transaction fees and create decentralized finance (DeFi) applicat
We współpracy z: https://www.coindesk.com/business/2024/11/29/hyper-liquids-native-token-debuts-at-fully-diluted-4-2-b-market-cap
