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MLM: The Hyperliquid team is testing a protocol called BLP

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2025-11-08 12:23:05
According to MLM's post on the X platform, the Hyperliquid team is currently testing a protocol called BLP on the Hypercore testnet. It is speculated that BLP stands for BorrowLendingProtocol (Lending Protocol). It seems to be a native lending market on Hypercore, with functions such as lending, offering and withdrawing. The market on the testnet currently only offers two cryptocurrencies, USDC and PURR. Maybe they will safely implement multi-margin trading by introducing the underlying lending layer. But it is not certain yet, everything is just speculation.
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