[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"seo-currency-price-Wrapped-HYPE":3,"seo-price-forecast-WHYPE":26,"seo-currency-info-35881":29},{"success":4,"data":5,"code":23,"status":23,"message":24,"$source":25},true,{"currencyName":6,"currencyId":7,"fullName":8,"platform":9,"percentChange":10,"maxPrice24H":11,"minPrice24H":12,"volume24H":13,"marketCapRank":14,"price":15,"marketCap":16,"dilutedMarketCap":17,"tokenCirculationRatio":18,"maxPriceHistory":19,"minPriceHistory":20,"circulationQuantity":21,"circulationMarketCap":17,"maxSupplyQuantity":21,"publishTime":22},"WHYPE",35881,"Wrapped HYPE",2,-0.02,64.65275526545206,62.547816964573826,76154451.99,7995,62.37020180002177,62370201800.02,346864698.55,1,76.87383848581536,20.54092152690441,5561384.9,1721038490000,200,"Success",{"code":23,"message":24,"data":5},{"success":4,"data":27,"code":23,"status":23,"message":24,"$source":28},[],{"code":23,"message":24,"data":27},{"success":4,"data":30,"code":23,"status":23,"message":24,"$source":37},{"currencyName":6,"fullName":8,"currencyId":7,"id":31,"publishTime":32,"telegram":33,"twitter":34,"facebook":33,"discord":33,"github":33,"whitePaper":35,"officialWebsite":33,"blockQuery":33,"introduction":36},3553,"2024-07-15T10:14:50.000Z",null,"https:\u002F\u002Ftwitter.com\u002FHyperliquidX","https:\u002F\u002Fhyperliquid.xyz\u002F","\n\u003Ch3>Conceptual Framework of Asset Wrapping\u003C\u002Fh3>\n\u003Cp>Wrapped tokens have emerged as essential components for fostering cross-chain interoperability, effectively mitigating the challenges posed by isolated blockchain environments. WHYPE enhances this paradigm by establishing a standardized representation of HYPE that retains atomic equivalence across various execution frameworks. Dissimilar to traditional wrapping mechanisms that depend on external custodians, WHYPE employs Hyperliquid’s native security architecture through system-level smart contracts.\u003C\u002Fp>\n\u003Cp>The protocol’s design ethos revolves around three integral principles:\u003C\u002Fp>\n\u003Col>\n\u003Cli>\u003Cstrong>Atomic Parity\u003C\u002Fstrong>: Ensuring guaranteed 1:1 redeemability between WHYPE and its native HYPE counterpart via on-chain verification.\u003C\u002Fli>\n\u003Cli>\u003Cstrong>Execution Environment Agnosticism\u003C\u002Fstrong>: Offering seamless compatibility with both Hyperliquid’s Rust-based HyperVM and Ethereum Virtual Machine (EVM) environments.\u003C\u002Fli>\n\u003Cli>\u003Cstrong>Protocol-Owned Liquidity\u003C\u002Fstrong>: Facilitating direct integration within Hyperliquid’s decentralized exchange (DEX) infrastructure to preempt any deviations from the peg.\u003C\u002Fli>\n\u003C\u002Fol>\n\u003Chr \u002F>\n",{"code":23,"message":24,"data":30}]