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MLM: Hyperliquid team is testing a protocol called BLP

MLM: Hyperliquid team is testing a protocol called BLP

ForesightNewsForesightNews2025/11/08 19:02
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According to Foresight News, MLM posted on the X platform that the Hyperliquid team is currently testing a protocol called BLP on the Hypercore testnet. It is speculated that BLP stands for BorrowLendingProtocol (lending protocol), which appears to be a native lending market on Hypercore, featuring functions such as borrowing, supplying, and withdrawing. At present, this market on the testnet only offers two cryptocurrencies: USDC and PURR. They may be aiming to securely enable multi-collateral trading by introducing an underlying lending layer. However, nothing is certain at this stage, and everything remains speculation.
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