Analyst: Hyperliquid is possibly testing the native lending market BLP

According to analyst MLM, the Hyperliquid team is currently testing a feature called BLP on the Hypercore testnet, which is speculated to stand for BorrowLendingProtocol.

From the testing situation, it appears to be a native lending market based on Hypercore, with functionalities such as borrowing, lending, and withdrawal.

Currently, on the testnet, the market only supports USDC and PURR. Perhaps this is their plan to securely implement multiple collateral mechanisms by introducing an underlying lending layer. However, it is not yet confirmed, and all of this remains speculation.