Kinetiq will support KIP-3: Launch, enabling permissionless LST deployments with optional HIP-3 and HIP-4 opt-in for qualifying stake. This has been one of the most requested features since Kinetiq's inception. Prospective HIP-3 deployers will be able to crowdsource the HYPE needed to launch their own DEX, without deploying or managing their own LST, and its corresponding infrastructure and security. Launch is not limited to just aspiring HIP-3 / HIP-4 deployers. Validators, communities, and DeFi protocols of any kind will be able to launch their own LST, unlocking capital efficiency and composability for HYPE that would otherwise sit idle on HyperCore. Launch Deployers retain full control over validator selection for their underlying stake delegation. This creates an entire new stream of revenue for deployers of permissionless LST's, who can collect a portion of staking rewards on top of providing several DeFi opportunities for their communities. Kinetiq will earn 10% of the deployer share from every bonded DEX in perpetuity, making it the cheapest, fastest, and most aligned path to market for any deployer. This aligns Kinetiq with the success of deployers as the protocol generates no returns unless deployers do. 100% of revenue from Launch is used to programmatically purchase KNTQ from the open market (via HyperCore) and is distributed entirely to sKNTQ stakers. Anyone will be able to deploy an LST on Hyperliquid without permission or gatekeepers, with full optionality to graduate into HIP-3 and HIP-4 as stake grows. This is a foundational primitive for Hyperliquid's DeFi ecosystem, and unique to the Kinetiq protocol exclusively. Further documentation will be shared upon launch.

We lied when we said "Launch perps for $0." Ticker costs? You asked. We kept it from you. Today we're fixing that. Introducing the Perps.fun App (Alpha release): Propose → crowdfund → launch Live now at: app.perps.fun More details below!

As one of the leading crypto companies, we care deeply about innovation. With innovation comes change - sometimes unwelcome change. In a rapidly evolving world, it's important that the pump fun brand stays not only in touch with culture, but continues to shape it. As of recent, it has become clear that the ‘pumpdotfun’ brand is no longer true to our identity, nor our users or the culture which shaped it. Today, we’re proud to announce a new chapter in our journey as we rebrand to dot: a brand without ‘pump’ or ‘fun' - a brand that stays true to itself. The decision to drop ‘pump’ and ‘fun’ was not an easy one, but a necessary one if we wish to stay in touch with our culture. This decision was made because: 1) Coins no longer ‘pump’ as they once did 2) The ecosystem is not as ‘fun’ as it once was We’d like to thank every single one of our users for helping shape the legacy pump fun brand into what it is today, and for those who’ll shape our next chapter as we continue to evolve as the leading coin ecosystem on the internet. From all of the team at dot, thank you.

The First-Ever Perpetual Futures Launchpad Coming soon to @HyperliquidX