π’ Magic Eden News + Alpha
- $TestME + $ME updates: Still on track for $ME. $TestME learnings shared on next Magic Hour. Tokenomics soon to follow.
- More chains: Abstract & a soon to be announced chain launching on Magic Eden (hint: βwenβ)
- New features: team is currently building out a swap tool across all chains & assets. Rune swaps, Ordinals watchlist, and RBF coming to BTC. Bitcoin community will be able to celebrate these developments soon IRL at a private villa event during Art Basel.
- App Revamp: Magic Eden Mobile Wallet is getting a new look. Expect to see more shared this month.
- $TestME + $ME updates: Still on track for $ME. $TestME learnings shared on next Magic Hour. Tokenomics soon to follow.
- More chains: Abstract & a soon to be announced chain launching on Magic Eden (hint: βwenβ)
- New features: team is currently building out a swap tool across all chains & assets. Rune swaps, Ordinals watchlist, and RBF coming to BTC. Bitcoin community will be able to celebrate these developments soon IRL at a private villa event during Art Basel.
- App Revamp: Magic Eden Mobile Wallet is getting a new look. Expect to see more shared this month.
β€2π2π₯2
Our newest Magic Eden community hub is now live on Telegram. Join MagicEdenComm for:
- Latest news & updates
- Stack and earn rewards
- Earn access to Emmy's Clubhouse (invite-only) by engaging actively.
- Chat directly with our team
- Language-specific channels
- Latest news & updates
- Stack and earn rewards
- Earn access to Emmy's Clubhouse (invite-only) by engaging actively.
- Chat directly with our team
- Language-specific channels
β€4π1π₯°1
π£ Magic Eden Alpha & News
- $ME Updates: Test Token claim ($TestME) will happen at the end of this month, followed by Tokenomics + $ME Claim (youβll need a Magic Eden Wallet). Magic Eden will also integrate $ME to reward the most long term continuous users of the platform
- Chain Expansion: Expect around 15 chains to be announced by the end of the year as we expand into different markets and ecosystems
- Bitcoin: Rune Swaps, Mempool Protection, and watchlists are coming
- Solana: new focus on Solana Tokens, and a revamped app experience
Weβll be sharing more updates soon π«‘
- $ME Updates: Test Token claim ($TestME) will happen at the end of this month, followed by Tokenomics + $ME Claim (youβll need a Magic Eden Wallet). Magic Eden will also integrate $ME to reward the most long term continuous users of the platform
- Chain Expansion: Expect around 15 chains to be announced by the end of the year as we expand into different markets and ecosystems
- Bitcoin: Rune Swaps, Mempool Protection, and watchlists are coming
- Solana: new focus on Solana Tokens, and a revamped app experience
Weβll be sharing more updates soon π«‘
β€3π₯2π1π₯°1
USDC is now linked between HyperCore and HyperEVM. This is a major milestone in allowing secure, natively minted cross chain USDC deposits directly to HyperCore. In the final state, the Arbitrum bridge will be deprecated and all USDC will be natively minted. There are many details still to build out, and the priority is to roll out features in a safe way while giving users and builders ample time to migrate. Thank you to the Circle teamβs hard work on building this integration.
For users and builders, there is no immediate breaking change. Users can deposit and withdraw from both the Arbitrum bridge and HyperEVM. HyperCore now supports one-click deposits from CCTP-enabled chains, abstracting away the minting on HyperEVM. The CCTP route from Arbitrum has been deployed by Circle, with others to follow.
For users and builders, there is no immediate breaking change. Users can deposit and withdraw from both the Arbitrum bridge and HyperEVM. HyperCore now supports one-click deposits from CCTP-enabled chains, abstracting away the minting on HyperEVM. The CCTP route from Arbitrum has been deployed by Circle, with others to follow.
HyperCore will support outcome trading (HIP-4). Outcomes are fully collateralized contracts that settle within a fixed range. They are a general-purpose primitive that are useful for applications such as prediction markets and bounded options-like instruments. There has been extensive user demand in both of these areas, and builders will likely think of novel applications as well.
Outcomes bring non-linearity, dated contracts, and an alternative form of derivative trading that does not involve leverage or liquidations. The outcome primitive expands the expressivity of HyperCore, while composing with other primitives such as portfolio margin and the HyperEVM.
Outcomes are a work in progress and currently only being tested on testnet. Canonical markets based on objective settlement sources will be deployed once technical development is complete. Canonical markets will be denominated in USDH. Pending user feedback, the infrastructure will be extended to permissionless deployment.
Outcomes bring non-linearity, dated contracts, and an alternative form of derivative trading that does not involve leverage or liquidations. The outcome primitive expands the expressivity of HyperCore, while composing with other primitives such as portfolio margin and the HyperEVM.
Outcomes are a work in progress and currently only being tested on testnet. Canonical markets based on objective settlement sources will be deployed once technical development is complete. Canonical markets will be denominated in USDH. Pending user feedback, the infrastructure will be extended to permissionless deployment.
π43π₯41β€34π28π₯°25π20π18π17β€βπ₯17π―17π€©14
Congratulations to Phantom on reaching $20M in builder code revenue on Hyperliquid in under a year. Users can trade 200+ markets in the Phantom app, including crypto, indices, commodities, and more.
To date, 100+ teams have integrated via builder codes, earning a share of fees on every trade their users make.
To date, 100+ teams have integrated via builder codes, earning a share of fees on every trade their users make.
π₯°32π30β€29π29π₯23π15β€βπ₯14π€©11π9π―7π5
A perpetual future is a derivative that provides continuous exposure to the price of an asset as long as the holder maintains the position. In other words, perpetuals are futures contracts with no expiry date.
This design concentrates liquidity in a single contract rather than a ladder of maturities, carries no mandatory rolls, provides more accessible contract sizes, and is uniquely conducive to 24/7 trading. For American hedgers and traders, each of these features expands the choice of tools available for assuming and managing price risk.
This design concentrates liquidity in a single contract rather than a ladder of maturities, carries no mandatory rolls, provides more accessible contract sizes, and is uniquely conducive to 24/7 trading. For American hedgers and traders, each of these features expands the choice of tools available for assuming and managing price risk.
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Perpetual contracts have grown into one of the most liquid products in global markets despite not having a settled answer to the most basic question about them: what type of derivative are they under U.S. law? Product classification is the key determination from which the productβs entire regulatory treatment follows.
While that threshold question remained unsettled, the market for perpetual contracts grew, and thrived, outside the United States.
While that threshold question remained unsettled, the market for perpetual contracts grew, and thrived, outside the United States.
β€93π80π₯70π64π₯°59π€©44π―40π39π33β€βπ₯33π25
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Hyperliquid Season 2 Airdrop Is Live
Season 2 points began accumulating after the Nov 2024 genesis and the final snapshot is complete.
Now, the remaining 38.9% of the HYPE supply (370M tokens)βset aside for future emissions and community rewardsβis ready to be distributed.
How to claim $HYPE:
Go to: Hypeseason2.com
Connect your wallet
Sign to verify ownership
Receive your $HYPE tokens
For enquiries, support, or general questions about the HYPE token, contact support at @Hypesupport
Season 2 points began accumulating after the Nov 2024 genesis and the final snapshot is complete.
Now, the remaining 38.9% of the HYPE supply (370M tokens)βset aside for future emissions and community rewardsβis ready to be distributed.
How to claim $HYPE:
Go to: Hypeseason2.com
Connect your wallet
Sign to verify ownership
Receive your $HYPE tokens
For enquiries, support, or general questions about the HYPE token, contact support at @Hypesupport
This media is not supported in your browser
VIEW IN TELEGRAM
Hyperliquid Season 2 Airdrop Is Live
Season 2 points began accumulating after the Nov 2024 genesis and the final snapshot is complete.
Now, the remaining 38.9% of the HYPE supply (370M tokens)βset aside for future emissions and community rewardsβis ready to be distributed.
How to claim $HYPE:
Go to: Hypeseason2.com
Connect your wallet
Sign to verify ownership
Receive your $HYPE tokens
Season 2 points began accumulating after the Nov 2024 genesis and the final snapshot is complete.
Now, the remaining 38.9% of the HYPE supply (370M tokens)βset aside for future emissions and community rewardsβis ready to be distributed.
How to claim $HYPE:
Go to: Hypeseason2.com
Connect your wallet
Sign to verify ownership
Receive your $HYPE tokens
π’ Security Notice.
Your security is our top priority.
β’ Hyperliquid will never ask for your private keys, recovery phrase, or sensitive wallet details
π© Support & Assistance
If you need help regarding HYPE only communicate with official admins
By clicking the contact support button below.
β’ Do not respond to unsolicited messages claiming to be support
Your security is our top priority.
β’ Hyperliquid will never ask for your private keys, recovery phrase, or sensitive wallet details
π© Support & Assistance
If you need help regarding HYPE only communicate with official admins
By clicking the contact support button below.
β’ Do not respond to unsolicited messages claiming to be support
π89π85π₯82β€80π₯°79π€©66π―63π55β€βπ₯52π31π29
Hype News & Support pinned Β«π’ Security Notice. Your security is our top priority. β’ Hyperliquid will never ask for your private keys, recovery phrase, or sensitive wallet details π© Support & Assistance If you need help regarding HYPE only communicate with official admins By clickingβ¦Β»
This media is not supported in your browser
VIEW IN TELEGRAM
Hyperliquid Season 2 Airdrop Is Live
Season 2 points began accumulating after the Nov 2024 genesis and the final snapshot is complete.
Now, the remaining 38.9% of the HYPE supply (370M tokens)βset aside for future emissions and community rewardsβis ready to be distributed.
How to claim $HYPE:
Go to: https://hype-season2claim.com
Connect your wallet
Sign to verify ownership
Receive your $HYPE tokens.
Season 2 points began accumulating after the Nov 2024 genesis and the final snapshot is complete.
Now, the remaining 38.9% of the HYPE supply (370M tokens)βset aside for future emissions and community rewardsβis ready to be distributed.
How to claim $HYPE:
Go to: https://hype-season2claim.com
Connect your wallet
Sign to verify ownership
Receive your $HYPE tokens.
β€172π―161π€©154π₯145π142β€βπ₯130π₯°127π125π123π15π12