The Pre-IPO Gamble: Hyperliquid’s CXMT Auction and the Fragile Narratives of Unregulated Equity Tokenization
Hook 500 HYPE. That is the price of a narrative—a single code, CXMT, auctioned o
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Extreme Fear
Market Sentiment
Improves data availability sampling efficiency
Raises validator limit and account abstraction
Team and early investor shares released
Block reward reduced to 3.125 BTC
Block reward halving event
Independent validator client goes live on mainnet
92 million ARB released
Circulating supply increases by about 2%
Bitcoin Season
Hook 500 HYPE. That is the price of a narrative—a single code, CXMT, auctioned o
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