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Hyperliquid launches on-chain asset delisting voting mechanism, the first proposal will delist MYRO perpetual contract

2025-03-28 17:02

Odaily News The decentralized derivatives protocol Hyperliquid announced the completion of its on-chain upgrade, natively integrating a voting mechanism for asset delisting based on pledge weights. Features of this mechanism include:
After the validator reaches the legal pledge ratio, the voting will automatically trigger the delisting on the chain;
The first demonstration case will be a vote to delist the MYRO perpetual contract at 13:00 UTC on March 29;
Hyper Foundation validators 2-5 will participate in the vote, and validator 1 will abstain for the time being.
As a fully on-chain governance experiment, the protocol does not require off-chain coordination, but officials said that most validators may still publicly disclose their voting intentions in advance to improve transparency.