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Odaily Planet Daily News According to Hyperliquid, a decentralized derivative trading platform, they announced on X platform that the HIP-1 permissionless Spot Token deployment function has been launched on the mainnet. HIP-1 is a standardized fungible token with a capped supply, supporting on-chain spot order book trading between HIP-1 tokens. Deployers need to bid for gas fees through a Dutch auction, which lasts for 31 hours. The project strongly recommends deployers to try it on the testnet first to avoid any issues on the mainnet.

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