Svmuu news Decentralized exchange HyperLiquid announced that validators will vote on whether to delist Toncoin (TON) perpetual contracts at approximately 17:00 Beijing time on June 15 (9:00 UTC). TON is currently undergoing a rebranding and will be renamed GRAM.
HyperLiquid stated that if validators vote to delist an asset, the relevant perpetual contracts will be settled based on the 1-hour time-weighted average spot oracle price prior to the voting time. All outstanding orders will be canceled simultaneously.
HyperLiquid reminded users to close relevant positions in advance before the scheduled delisting vote to avoid triggering automatic settlement. Once settlement is complete, the asset will no longer accept new orders.