Lookonchain APP

App Store
Feeds Articles

Analyst: Hyperliquid or Alpha Testing Native Lending Market BLP

2025.11.08 19:08:15

On November 8th, Analyst MLM disclosed that the Hyperliquid team is currently conducting tests on the Hypercore testnet with a feature named BLP. It is speculated that BLP stands for BorrowLendingProtocol. Judging from the testing situation, it seems to be a native lending market based on Hypercore with functions such as borrowing, lending, and withdrawal. Currently on the testnet, this market only supports USDC and PURR. Perhaps this is their planned mechanism for securely implementing a multi-collateral system by introducing an underlying lending layer. However, it has not been confirmed yet, and all of this is still speculative.
Add to Favorites Download image Share x Copy link
Relevant content

Bitcoin April Historical Return: 8 Rises, 5 Falls since 2013, with an average return of 12.12%

Per Coinglass data, Bitcoin closed March up 1.81%—snapping a five-month losing streak. Looking ahead to April: Since 2013, Bitcoin has posted 8 up months and 5 down months across 13 April periods. Its largest April gain was 50.01% (2013), while its steepest drop was 17.3% (2022). Since 2013, Bitcoin’s average April return is 12.12%, with a median return of 5.04%.

2 minutes ago

Bitcoin Surges Past $69,000

Bitcoin surged past $69,000 on April 1, per HTX market data, posting a 24-hour gain of 2.44%.

2 minutes ago

A $21.36M Long Position in Crude Oil held by an address has been fully liquidated, resulting in a $0.996M loss.

April 1 — Per on-chain analyst Auntie Ai (@ai_9684xtpa), a $21.36 million Brent Crude Oil (BRENTOIL) long position held by address 0xc27…b4bfc was fully liquidated 5 minutes ago, resulting in a $996,000 loss. Previously, the trader executed 4 total leveraged BRENTOIL trades (all long positions) with a 50% win rate, posting a cumulative loss of $1.246 million.

2 minutes ago

An address holding a $21.36 million long position in crude oil has been fully liquidated, resulting in a $996,000 loss.

On April 1, on-chain analyst Ai Auntie (@ai_9684xtpa) reported that 5 minutes earlier, the address 0xc27…b4bfc’s entire $21.36 million long position in Brent Oil (BRENTOIL) was fully liquidated, incurring a $996,000 loss. Prior to this liquidation, the address had executed 4 leveraged BRENTOIL trades—all long positions—with a 50% win rate. The account’s cumulative losses now total $1.246 million.

2 minutes ago

Suspected April Fools' Day Prank, Liquity Claims to Have Been Acquired by Circle as Token Price Surges Over 10%

April 1: Liquity took to its official social media to claim stablecoin giant Circle has acquired the protocol. In the post, the team stated the acquisition would enable Circle to offer an unfreezable stablecoin and distribute earnings directly under the Clarity Act. While the announcement reads like an April Fools' Day prank, it still sent LQTY’s price surging over 11% to $0.295. As of press time, the Liquity team has yet to issue further clarification.

2 minutes ago

Fidelity: Anticipates that as the industry matures, Bitcoin's bull and bear market cycles will gradually narrow

April 1 — Fidelity Digital Assets noted Wednesday that Bitcoin has fallen roughly 50% in its current market cycle, a pullback far smaller than in prior cycles, and suggested this trend could persist over time. Fidelity Digital Assets research analyst Zack Wainwright said Tuesday that Bitcoin has historically seen sharp 80% to 90% pullbacks after hitting new all-time highs—but this cycle’s retracement is around 50%. Looking at Bitcoin’s price performance relative to the peak of the prior cycle, a “diminishing returns” pattern has emerged between cycles, he added. “Each cycle’s upward momentum has weakened compared to the one before,” Wainwright explained. “This cycle—extending to 2026—has also seen reduced downside risk.”

2 minutes ago

Hot feeds

A trader profits $448K by monitoring #Binance's new listings!

2024.12.13 17:37:29

A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.

2025.01.05 16:05:18

When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.

2026.01.31 18:37:29

Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

2024.12.16 14:48:36

A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.

2024.12.14 10:35:27

A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!

2024.12.03 23:09:08

 More

Hot Articles

Follow us

X

Follow

Telegram

Join