The Ethena community has proposed to integrate Hyperliquid Ethena liquidity with USDe

ChainCatcher news, according to official sources, the Ethena Foundation has proposed to integrate Hyperliquid Ethena liquidity with USDe.

The proposal states that Hyperliquid L1, as a qualified venue for its hedging flow, needs to undergo technical and legal due diligence. If approved, the integration will be implemented gradually and in a controlled manner under the guidance of the risk committee. Hyperliquid has over 200,000 users, with daily trading volumes typically ranging from $1 to $4 billion, and an open interest exceeding $1 billion, significantly larger than other on-chain perpetual DEXs.

The proposal requests the Ethena risk committee to conduct due diligence on the suitability of Hyperliquid as a potential hedging venue.