律动BlockBeats|Jan 19, 2026 03:55
[Trove Announces Deployment of Its Token and Perp DEX on Solana Instead of Hyperliquid After ICO, Sparking Strong Community Dissatisfaction]
BlockBeats News, January 19: Perp DEX Trove announced last week, after raising $11.5 million through an ICO, that it will shift the deployment of its TROVE token and perpetual contract DEX platform from Hyperliquid to Solana, overturning the plans previously disclosed to participants.
Trove stated that a liquidity partner, which had originally supported its deployment on Hyperliquid, independently decided to liquidate a position of 500,000 HYPE tokens. This decision, according to Trove, altered the constraints under which the project was operating.
As a result, Trove announced that it will no longer develop based on Hyperliquid's infrastructure but will instead rebuild its perpetual contract trading platform from scratch on Solana, covering multiple asset classes, including RWA (real-world assets) and prediction markets.
This sudden adjustment has sparked strong dissatisfaction within the community, particularly among some ICO participants who had originally expected the project to launch on Hyperliquid and maintain alignment with the HYPE ecosystem.
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