BlockBeats news, on December 19, according to hypurrscan data, the Token Ticker named 'CREAM' was sold at a price of 546,900 USD in the auction on the Hyperliquid platform, lower than the last transaction price of 'GOD' at 975,700 USD.
It is reported that the next auction has started with a starting price of 1.094 million USD, currently quoted at 911,700 USD.
BlockBeats notes: The listing process on Hyperliquid is a Dutch auction lasting 31 hours, during which the token deployment fee will linearly decrease from the initial price to 10,000 USD stablecoin (USDC) until a token is successfully auctioned and listed on the Hyperliquid spot market. If the last auction fails, the initial price will revert to 10,000 USD stablecoin; otherwise, the starting price of the auction will be double the last price.