[USDe Margin Perpetual Contract DEX HyENA Open for Testing, No Separate Token Issuance Confirmed] Foresight News reports that the USDe margin perpetual contract DEX HyENA, built on the Hyperliquid HIP-3 standard, is now open for testing. The project, primarily contributed by Based, allows users to trade using USDe as collateral while earning USDe yields. The HyENA market is secured by Valantis and stHYPE and has introduced the HLPe liquidity provider vault managed by Upshift. Initially, HyENA operates on an invitation-only basis, offering trading pairs such as HYPE-USDE, BTC-USDE, ETH-USDE, and SOL-USDE. It has launched a two-week fee rebate migration campaign and a first-month 12% APY margin reward program. Additionally, the project has introduced a six-month points program, distributing 100 million points weekly, which can be converted into Ethena platform points after the campaign ends. The official statement confirms that no separate HyENA token will be issued.