Following Hyperliquid’s frontend update, we will be removing $XMR1 from both the Based mobile app and the Based web terminal to protect our Based users against potential security issues.

$XMR1 carries custodial risk because it is a centralized IOU fully reliant on a single anonymous developer as the counterparty who controls the underlying XMR reserves.

Both XMR/USDC (Hyperliquid) and XMR/USDH (FLX) are still available for trading on our platforms.

Stay Safu.

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