Paragon, a decentralized exchange built around the HIP-3 model, acquired the UNITREE and RDDT tickers in the latest HIP-3 auction, according to data from hl.eco cited by BlockBeats on Aug. 3. The platform paid 577.66 HYPE for the two ticker assets.
The purchase adds to Paragon’s existing lineup of stock contract markets. The platform currently lists 12 stock contract trading pairs, while its daily trading volume stands at the million-dollar level. BlockBeats said Paragon has been expanding through a series of frequent ticker auctions in recent days.
The update highlights ongoing competition for ticker resources within the HIP-3 ecosystem, with Paragon continuing to broaden its product coverage through auction activity.
Paragon, a decentralized exchange in the HIP-3 ecosystem, bought the UNITREE ticker for Unitree Robotics and the RDDT ticker for Reddit in the latest HIP-3 auction, according to hl.eco data cited by BlockBeats on Aug. 3. The platform paid 577.66 HYPE for the two tickers.
Paragon currently has 12 stock contract trading pairs. Its daily trading volume is at the million-dollar level, and the platform has been expanding recently through frequent ticker auctions.
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