MLM: Hyperliquid team is testing a protocol called BLP
Show original
According to Foresight News, MLM posted on the X platform that the Hyperliquid team is currently testing a protocol called BLP on the Hypercore testnet. It is speculated that BLP stands for BorrowLendingProtocol (lending protocol), which appears to be a native lending market on Hypercore, featuring functions such as borrowing, supplying, and withdrawing. At present, this market on the testnet only offers two cryptocurrencies: USDC and PURR. They may be aiming to securely enable multi-collateral trading by introducing an underlying lending layer. However, nothing is certain at this stage, and everything remains speculation.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Federal Reserve's Williams: Bond purchases expected to start soon
BlockBeats•2025/11/08 20:12
Pakistan plans to consider issuing a rupee-backed stablecoin
BlockBeats•2025/11/08 20:12
Ethereum's net supply increased by 74,298 in the past 30 days
BlockBeats•2025/11/08 20:12
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$102,058.27
-1.18%
Ethereum
ETH
$3,391.17
-1.66%
Tether USDt
USDT
$0.9996
+0.00%
BNB
BNB
$999.07
+2.11%
XRP
XRP
$2.28
-2.93%
Solana
SOL
$157.83
-3.03%
USDC
USDC
$0.9998
-0.01%
TRON
TRX
$0.2911
-0.54%
Dogecoin
DOGE
$0.1752
-2.42%
Cardano
ADA
$0.5603
-3.39%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now