Solv Protocol is gearing up to launch its native token, SOLV, on Hyperliquid, a layer-1 blockchain network known for spot and derivatives trading. This marks one of the initial token launches on Hyperliquid's spot exchange, which began in May. Although the launch date for SOLV remains unspecified, Solv successfully secured its listing through Hyperliquid's auction process, paying around $130,000. Hyperliquid, with over $2.5 billion in TVL, offers a trading experience akin to centralized exchanges and supports leveraged perpetuals and spot trading for various tokens.