In a step that can potentially increase the smart contract capabilities of blockchain, hyperlicid has launched hyprevum on testnet.
According to the official announcement of the hyperlicid (hyp) on the X on 18 February, the updated platform adds general-purpose program ability to the ecosystem, preserving the low-heart-oppression trading experience of the platform.
Hyperlicid’s hyperbFT unanimously provides complete protection for hyperevam transactions, enabling on-chant execution without the requirement of external verification layers.
Before the mennet rollout, the testnet stage will be used to collect input and improve developer tooling. Future upgradation will include general ERC -20 transfer and pre -prevention.
Hyperlicid’s native token, promotion, will serve as gas tokens for hyprev. A new system has also been deployed to support the indigenous spot transfer between contracts, whype, Defi applications and Hyperlicid’s L1 and Hyperevm. A bug bounty program will provide a menet-level prize for the weaknesses found during this period to promote safety research.
The first film coincides with Hyperlicid’s ongoing market growth. Hype has increased by about 553% from its launch in November 2024, beating other cryptocurrency. The solid foundation of the platform is assisted by its pricing structure, which allocates benefits to liquidity providers and a community-managed fund.
Hyperlicid attracted a lot of attention after its big billion dollar aircraft, the largest in Crypto history. The appeal of the platform for traders is extended by the fact that its purpose is to provide a business experience like CEX.
The Assistance Fund is one of its most notable characteristics, which is absent from several dex. In the event of safety violations or when the liquidity is required to promote, the fund, which increases as the fees increase, acts as a safety net.
Recent K33 Research Report It was discovered that Hyperlicid placed 55% of the 7-day trading volume for perpetual dex. In addition, open interest on the platform increased by 47% of OKX levels and 13% of Binens.
