Trade.xyz with 578.7 tokens HYPE bid for the code NU
BIBIBI
AT A GLANCE
Trade.xyz with 578.7 tokens HYPE bid for the code NU, and may launch the relevant perpetual contract.
Article
Trade.xyz with 578.7 tokens HYPE bid for the code NU BlockBeats reported that October 28, data showed that HIP-3 market deployer Trade.xyz with 578.7 HYPE ($47,448) bid for the code NU, and may be about to launch its perpetual contract.
Original link https://m.theblockbeats.info/flash/374152
Key points
01
According to BlockBeats,October 28 data showed that HIP-3 the market deployer Trade.xyz with 578.7 tokens HYPE bid for the code NU。
02
578.7 tokens HYPE equivalent to approximately 47,448 USD。
03
The original text stated that Trade.xyz may be about to launch NU the relevant perpetual contract.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Trade.xyz obtained the code through an auction NU, paying 578.7 tokens HYPE. As for whether and when a perpetual contract will be launched, the original text provided no definitive information.
Why it matters to readers
This indicates that Trade.xyz obtained NU the code, but its subsequent use and launch status still require confirmation.
HYPE is the token used for the auction; a perpetual contract is a derivative contract with no expiration date.
Risks and unknowns
“May be about to launch” is speculative; the original text did not confirm an official launch.
The original text did not specify NU the specific underlying asset corresponding to the code.
The original text did not specify the settlement, locking, or burning mechanism for the auction funds.
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Related concepts
HYPE
This term is not in the glossary yet. Browse related concepts in the glossary.
A derivative contract with no expiration date, designed for continuous holding, whose funding rate mechanism helps keep its price close to that of the underlying asset.