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      The Announcement on the Risks of Hyperliquid(HYPE) Pre-Market Trading

      According to the announcement from Hyperliquid, the genesis event for HYPE will occur at 07:30 UTC on November 29

      Please note, The current pre-market trading of the HYPE project on Gate is for HYPE Points, not HYPE Tokens. The total issuance of HYPE Points is 100 billion. The HYPE project has announced that the total issuance of HYPE tokens is 1 billion.

      Since the total amount of HYPE points issued is multiple to the total amount of real tokens issued, there may be price differences between the pre-market trading points and the on-chain tokens. Please be cautious when trading and fully understand the relevant risks.

      In addition, we are actively communicating with the project party to list HYPE on the spot market as soon as possible and will announce the delivery time soon. The specific time will be notified separately. Please wait patiently.

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      Gate.io TeamNov 29th, 2024

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