Paragon wins GDX ticker in Hyperliquid HIP-3 auction for 561.29 HYPE
- —Paragon paid 561.29 HYPE (about $44,000) for the GDX code
- —GDX is the ticker of VanEck's gold miners ETF
- —HIP-3 auctions run every 31 hours and settle in HYPE
- —No details on trading start or terms for GDX
Why it matters: The HIP-3 expansion signals demand for third-party derivatives markets on Hyperliquid and rising value of market codes.
Source: TokenPost