DEX Aggregator Rage Trade to Issue Token on Buzzy New Layer 1 Blockchain Hyperliquid

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DEX Aggregator Rage Trade to Issue Token on Buzzy New Layer 1 Blockchain Hyperliquid
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Oliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto.

20 million tokens of the 100 million total supply will be sold on Fjord Foundry at a fixed price of $0.30.

The token will be built on the recently-released Hyperliquid blockchain, a layer-1 network that initially soared to popularity with its decentralized perpetuals exchange. 20 million RAGE tokens will be sold at a fixed price of $0.30 on Fjord with an additional nine million tokens being used to seed liquidity on Hyperliquid during the token generation event. Six million tokens has also been set aside for future market making and product incentives.

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