DeFi· ★★· neutral·

Entropy Wins 'xiaomi' Code at Hyperliquid HIP-3 Auction for 569.98 HYPE

  • —Entropy won the 'xiaomi' code for 569.98 HYPE in Hyperliquid's HIP-3 auction
  • —The code permits a Xiaomi-based perpetuals market but does not guarantee launch
  • —HIP-3 lets external deployers build perp markets on Hyperliquid's order book
  • —The bid does not imply a Xiaomi partnership or equity ownership
Why it matters: HIP-3 auctions broaden Hyperliquid's exotic market offerings and drive demand for the HYPE token.
Source: TokenPost