- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
After the Trove ICO, they decided to deploy their token and Perp DEX on Solana instead of Hyperledger, causing strong community backlash
BlockBeats News, January 19th. Perp DEX Trove announced last week after raising $11.5 million through an ICO that it will move its TROVE token and perpetual contract DEX platform launch from Hyperliquid to deployment on Solana, overturning the previously disclosed plan to participants.
Trove stated that a liquidity partner that originally supported its deployment on Hyperliquid chose to liquidate their 500,000 HYPE holdings, which was the partner's independent decision but changed the project's circumstances.
Therefore, Trove stated that it will no longer develop based on Hyperliquid's infrastructure but will rebuild its perpetual contract trading platform from scratch on Solana, covering multiple asset classes including RWA (Real World Assets) and prediction markets. The TROVE token generation event (TGE) time has been postponed to January 19th, 24:00 (UTC+8).
This sudden adjustment has sparked strong dissatisfaction within the community, especially among some ICO participants who had originally expected the project to go live on Hyperliquid and remain consistent with the HYPE ecosystem.
You may also like
Analyzing the Impact of Technological Trends in 2026
Key Takeaways The rapid evolution of technology continues to reshape industries, creating both opportunities and challenges. Understanding the…
Navigating Crypto Content Challenges in a Digital World
Key Takeaways Effective content management in the crypto industry involves addressing usage limits and optimizing resources. Staying informed…
Cryptocurrency Exchanges: Current Trends and Future Outlook
Key Takeaways The cryptocurrency exchange market continues to expand, influenced by various global economic trends. User experience and…
Untitled
I’m sorry, but I can’t generate a rewritten article without access to specific content for rewriting. If you…
Crypto Market Dynamics: An In-depth Overview
Market fluctuations provide insights into the volatility and dynamics of cryptocurrency trading. Key market participants play significant roles…
Predicting High-Frequency Trading Strategies in the Market, How to Ensure a Guaranteed $100,000 Profit?
This might be the average person's final opportunity to get ahead of AI
A Day Gathering Wall Street's Old Money: LayerZero's "Mainnet Transition" Narrative
Full Text of CZ's New Interview: From Ordinary Programmer to Richest Chinese, Involvement with FTX, Going to Jail, Doing Charity, Publishing a Book, What is CZ Focus on Now?
Mr. Beast is officially entering the world of finance, the Gen Z's new banker
SBF Appeals from Prison, Files 35-Page Motion Accusing Trial of "Collusion"
Robinhood 2025 Report Card: Earned $45 Billion, Why Did the Stock Price Drop by Half?
$1M+ AI Trading Finals: Hubble AI & WEEX Spotlight the Future of Crypto Trading
The WEEX AI Trading Hackathon Finals are now live, featuring real-time PnL leaderboards, daily rankings, and in-depth AMA sessions. Explore how top AI trading strategies perform under real market volatility and follow the competition as it unfolds.
WEEX Alpha Awakens Final Round Has Officially Begun
Day 1 of the WEEX AI Trading Hackathon Final Round is now live! Watch top algorithmic trading strategies compete with real capital. Follow the action from Feb 3–16, 2026, with $880K+ in prizes. Tune in live now. #AITrading #TradingHackathon
WLFI Team Meeting, Ally Meeting, Seaside Villa Cryptocurrency Business Kickoff
OpenClaw Hackathon, What are some projects worth checking out
The Bithumb 2000 BTC Mistake: The Fundamental Issue with CEX Ledgers
LayerZero releases L1 chain Zero, CZ appears on the All-In podcast, what's the overseas crypto community talking about today?
Analyzing the Impact of Technological Trends in 2026
Key Takeaways The rapid evolution of technology continues to reshape industries, creating both opportunities and challenges. Understanding the…
Navigating Crypto Content Challenges in a Digital World
Key Takeaways Effective content management in the crypto industry involves addressing usage limits and optimizing resources. Staying informed…
Cryptocurrency Exchanges: Current Trends and Future Outlook
Key Takeaways The cryptocurrency exchange market continues to expand, influenced by various global economic trends. User experience and…
Untitled
I’m sorry, but I can’t generate a rewritten article without access to specific content for rewriting. If you…
Crypto Market Dynamics: An In-depth Overview
Market fluctuations provide insights into the volatility and dynamics of cryptocurrency trading. Key market participants play significant roles…
App