Hyperliquid announced the establishment of a foundation, the next step will be to launch TokenHYPE

BlockBeats news, on October 14th, according to official sources, Hyperliquid announced the establishment of the Hyper Foundation, aiming to support the development of the Hyperliquid blockchain and ecosystem. The flagship application on Hyperliquid is now a leading Decentralization trading platform and a foundation of the new financial system. Hyperliquid’s order book has provided the deepest and most powerful on-chain Liquidity for various assets. With the launch of HyperEVM, any application built on Hyperliquid will also have access to this Depth Liquidity and other native financial primitives. Finance will be efficient, liquid, and accessible for the first time. The next step in the Hyperliquid journey is the native Token HYPE. The native Token is crucial for the further development of HyperBFT Proof of Stake Consensus, HyperEVM, and the roadmap. As part of the Genesis distribution, eligible users can choose to receive HYPE and optional Hypurr Non-fungible Tokens to commemorate the upcoming launch of HyperEVM on the Mainnet.