tradexyz acquires $KSTR on Hyperliquid for STAR Market-linked listing

tradexyz bought the $KSTR symbol through Hyperliquid’s HIP-3 mechanism for 500 HYPE, about $32,500, tying the listing to the Shanghai Stock Exchange STAR Market and its Sci-Tech Innovation 50 benchmark.

HYPE

Summary

tradexyz has acquired the $KSTR symbol on Hyperliquid through the platform’s HIP-3 allocation mechanism for 500 HYPE, valued at about $32,500, according to Hyperliquid News. The symbol corresponds to the Shanghai Stock Exchange STAR Market Index and is tied to the Sci-Tech Innovation 50 ETF, extending crypto-native access to exposure linked to a major mainland China science and technology equity benchmark.

Terms & Concepts
  • HIP-3: Hyperliquid’s mechanism for allocating token or market symbols on the platform.
  • Sci-Tech Innovation 50 ETF: An exchange-traded fund tied to the Shanghai Stock Exchange STAR Market benchmark.
  • STAR Market: A Shanghai Stock Exchange board focused on science and technology companies in mainland China.