Hyperliquid Mainnet don add HYPE/USDT for Multi-Quote Spot Trading
Hyperliquid don activate multi-quote asset spot trading for dia mainnet. The platform automatically deploy and launch di HYPE/USDT trading pair. Each HIP-1 asset deployment fit choose e initial quote asset. Subsequent spot pair deployments go use independent Dutch auction mechanism. Hyperliquid plan to support more quote assets for future releases. This upgrade dey improve trading flexibility and price discovery on the network, plus e give traders more liquidity options for HYPE.
Bullish
De activation of multi-quote asset spot trading plus di immediate launch of HYPE/USDT na beta good tin. E dey expand trading opportunity dem and e go improve liquidity for HYPE token. Dutch auction mechanism wey go come later fit make price discovery fair. Na so similar platform upgrade for past dey carry short-term volume spikes and long-term user growth come. Generally, traders fit react with more demand and higher transaction activity, wey go make di outlook bearish.