Odaily Planet Daily reports that Trove Markets stated that due to liquidity partner withdrawal of 500,000 HYPE required for Hyperliquid integration, the project has decided to shift from Hyperliquid to development on the Solana network. Trove Markets had raised over $11.5 million through token sales, originally planned for Hyperliquid integration. The decision has sparked criticism from the community, with some supporters demanding immediate refunds. Trove Markets developer Unwise said that the team will rebuild the DEX from scratch on Solana. The TROVE token generation event is still scheduled for Monday, but migration and refund processing will take more time. Additionally, ZachXBT has detected multiple abnormal transfers involving HYPE movements.
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Trove's shift from Hyperliquid to Solana sparks community discontent, supporters demand refunds
Odaily Planet Daily reports that Trove Markets stated that due to liquidity partner withdrawal of 500,000 HYPE required for Hyperliquid integration, the project has decided to shift from Hyperliquid to development on the Solana network. Trove Markets had raised over $11.5 million through token sales, originally planned for Hyperliquid integration. The decision has sparked criticism from the community, with some supporters demanding immediate refunds. Trove Markets developer Unwise said that the team will rebuild the DEX from scratch on Solana. The TROVE token generation event is still scheduled for Monday, but migration and refund processing will take more time. Additionally, ZachXBT has detected multiple abnormal transfers involving HYPE movements.