PANews|Nov 08, 2025 11:01
[MLM: Hyperliquid Team Testing a Protocol Called BLP]
According to a post by MLM 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, seemingly a native lending market on Hypercore, featuring functions such as borrowing, lending, and withdrawal. At present, this market on the testnet only supports two cryptocurrencies: USDC and PURR. They might potentially achieve secure multi-collateral trading by introducing an underlying lending layer. However, nothing is confirmed yet, and everything remains speculation.
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