Hyperliquid will vote on June 29 to decide on removing IP from the platform.

Jinse Finance reports that Hyperliquid has stated that validators will vote at approximately 9:30 UTC on June 29 on whether to delist IP. It is learned that the relevant protocol is advancing the asset name after the rebranding (planned to be renamed to DATA). According to the rules, if the validators vote to delist, the perpetual contract will be settled at the "time-weighted spot oracle price in the 1 hour before the delisting vote," and open orders will be automatically canceled. Hyperliquid reminds users to close positions early to avoid the risk of automatic settlement; after settlement is complete, no new orders will be accepted.
IP-4.25%
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