Hyperliquid's Delisting Vote for OM will Open to On-Chain Validators on February 23

BlockBeats News, February 19, according to official sources, Hyperliquid on-chain validators will vote around 16:00 on February 23 (UTC+8) on whether to delist OM. MANTRA (OM) plans a token swap, incremental issuance, and rebranding to MANTRA (MANTRA).

If validators vote to delist the asset, related perpetual contracts will be settled based on the 1-hour Time-Weighted Average Price (TWAP) before delisting, and all outstanding orders will be canceled. Users need to close their positions before this time to avoid automatic settlement. After the settlement is complete, no new orders will be accepted.