Deeptide TechFlow news, on October 17, according to official news, the Ethena Foundation proposed to integrate Hyperliquid Ethena liquidity with USDe.

The proposal states that Hyperliquid L1 qualifies as a site as part of its hedging stream, subject to technical and legal due diligence. If approved, the integration will be implemented in a gradual and controlled manner under the guidance of the risk committee. Hyperliquid has more than 200,000 users, daily trading volume typically ranges from $1 to $4B, and open positions exceed $1B, which is significantly larger than other on-chain permanent DEXs.

The proposal calls for the Ethena Risk Committee to conduct due diligence on Hyperliquid’s suitability as a potential hedging venue.