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Linera claims to be the "Next Hyperliquid," driving the LNRA token sale.

BlockBeats News, August 20th. The new public chain Linera, founded by former Libra employees, published an article today, claiming to be the "next Hyperliquid" and teasing the upcoming launch of the LNRA token sale.


Linera stated that it is following the path of Hyperliquid by: building its own dedicated chain, focusing on consumer products, operating with a small team, generating real revenue first, and prioritizing user rewards. Its core product is the real-time prediction market on app.linera.xyz, where markets can open, operate, and settle within 1 minute. The project utilizes a microchains parallel architecture, supporting thousands of small markets to run simultaneously, with finalization times usually less than 1 second, addressing congestion and fee issues of general-purpose chains in real-time scenarios.


All markets operate in a pure player-vs-player (PvP) mode, without a house edge or the need for external market makers. The core team consists of only 5 members. Users who participate and receive badges for the product will have priority access to an exclusive subscription pool in the LNRA sale. Detailed sale information will be announced later.

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Hyperliquid's open interest and trading volume have continued to hit new highs. However, due to the HIP-3 fee-sharing mechanism, the rise of third-party markets, and a lackluster ecosystem, the platform's retained earnings have been declining steadily. The HYPE buyback pressure, valuation support, and regulatory scrutiny are all under pressure simultaneously.
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