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Trove's Switch from Hyperliquid to Solana Sparks Community Backlash, Supporters Demand Refunds

2026-01-19 02:22

Odaily News Trove Markets announced that due to a liquidity partner withdrawing the 500,000 HYPE tokens required for the Hyperliquid integration, the project has decided to shift its development from Hyperliquid to the Solana network. Trove Markets had previously raised over $11.5 million through a token sale, originally intended for the Hyperliquid integration. This decision has drawn criticism from the community, with some supporters demanding immediate refunds. Unwise, a developer for Trove Markets, stated that the team will rebuild the DEX from scratch on Solana. The TROVE token generation event is still scheduled for Monday, but more time is needed for the migration and refund processing. Additionally, ZachXBT has detected several unusual transactions involving HYPE token movements.