Recently, Hyperliquid platform announced that the 24-hour trading volume has exceeded $15 billion for the first time, reaching a new historical high! Meanwhile, on December 22nd, according to hypurrscan data, Token Ticker named "HYENA" was sold at a price of $383,700 in the Dutch auction of Hyperliquid platform, which is lower than the previous transaction price of $530,000 for "ANIME". Currently, the record holder of Token Ticker is "GOD", with a transaction price as high as $975,700.
It is reported that the listing process of Hyperliquid is a 31-hour Dutch auction. During this period, the token deployment fee will decrease linearly from the initial price to $10,000 stablecoin (USDC) until a token is auctioned and listed on the Hyperliquid Spot Market. If the last auction fails, the initial price will return to $10,000 stablecoin, otherwise the starting price of the auction will be twice the previous price.