BlockBeats news, on January 2, according to hypurrscan data, a Token Ticker named 'ORA' was sold at an auction on the Hyperliquid platform for $397,011.93.
BlockBeats note: Hyperliquid's token listing process is a Dutch auction lasting 31 hours, during which the token deployment fee will linearly decrease from the initial price to $10,000 stablecoin (USDC) until a token is auctioned and listed on the Hyperliquid spot market. If the last auction fails, the initial price will revert to $10,000 stablecoin; otherwise, the starting price of the auction will be twice the previous price.
