Trove announces deployment of tokens and Perp DEX to Solana, sparking community dissatisfaction

On January 19th, after raising $11.5 million through an ICO, Perp DEX Trove announced that it will shift the deployment of its TROVE token and perpetual contract trading platform from Hyperliquid to Solana, overturning the plan previously disclosed to participants. Trove stated that a liquidity partner who originally supported its deployment on Hyperliquid chose to liquidate 500000 HYPE holdings, changing the constraints of the project. Therefore, it was decided not to develop based on Hyperliquid, but to rebuild the trading platform on Solana, covering multiple types of assets such as RWA and prediction markets. This adjustment has sparked strong dissatisfaction in the community, with some ICO participants disappointed that the project was not launched based on Hyperliquid.