Hyperliquid (decentralized exchange) will unlock 9.92M tokens for an on-chain (recorded on blockchain) system; Ethena (stablecoin protocol) will release 212M tokens for USDe stablecoin (collateralized crypto dollar) backed by Bitcoin, stETH (staked Ether token), and hedged positions (offsetting risk trades).
verifying reliability
No specialized terms available for this topic.