PANews reported on November 8th that, according to an article posted by MLM on the X platform, the Hyperliquid team is currently testing a protocol called BLP on the Hypercore testnet. It's speculated that BLP stands for BorrowLendingProtocol, seemingly a native lending market on Hypercore, with functions for lending, providing, and withdrawing. Currently, this market on the testnet only offers USDC and PURR cryptocurrencies. Perhaps they will introduce an underlying lending layer to securely implement multi-margin trading. However, this is currently uncertain and remains speculation.PANews reported on November 8th that, according to an article posted by MLM on the X platform, the Hyperliquid team is currently testing a protocol called BLP on the Hypercore testnet. It's speculated that BLP stands for BorrowLendingProtocol, seemingly a native lending market on Hypercore, with functions for lending, providing, and withdrawing. Currently, this market on the testnet only offers USDC and PURR cryptocurrencies. Perhaps they will introduce an underlying lending layer to securely implement multi-margin trading. However, this is currently uncertain and remains speculation.
MLM: The Hyperliquid team is testing a protocol called BLP.
PANews reported on November 8th that, according to an article posted by MLM on the X platform, the Hyperliquid team is currently testing a protocol called BLP on the Hypercore testnet. It's speculated that BLP stands for BorrowLendingProtocol, seemingly a native lending market on Hypercore, with functions for lending, providing, and withdrawing. Currently, this market on the testnet only offers USDC and PURR cryptocurrencies. Perhaps they will introduce an underlying lending layer to securely implement multi-margin trading. However, this is currently uncertain and remains speculation.
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