Weekly update

Product & Tech
+ The pre-alpha stage of portfolio margin and HyperCore lending went live on testnet. Both are eligible for mainnet level bug bounties. See details in the previous announcement here: https://discord.com/channels/1029781241702129716/1030197017655394447/1449063140435296256.
+ Misc UI improvements to app.hyperliquid.xyz, including USDC to USDH 1:1 conversion added as a deposit option, Arbitrum via CCTP added as a deposit option, TP/SL updating dynamically, improvements to frontend rate limiting, etc.

Trading
+ LIT hyperp was listed

New Teams on the HyperEVM & HyperCore (in no particular order)
+ Euler partnered with HypurrFi to deploy lending on the HyperEVM: https://x.com/eulerfinance/status/2000960806012559413, https://x.com/hypurrfi/status/2000960471474528671
+ Komainu added support for HYPE custody and staking for institutions: https://komainu.com/komainu-announces-institutional-grade-custody-and-staking-support-for-hyperliquid-hype/

Community Highlights
+ The Hyper Foundation proposed a validator vote to formally recognize the Assistance Fund HYPE as burned, removing the tokens permanently from the circulating and total supply. See validator votes here: https://discord.com/channels/1029781241702129716/1450681417200828569. Users should stake to a validator who matches their view by December 24 at 04:00 UTC, at which point the result will be based on stake-weighted consensus.
+ HypurrCo Amsterdam is hosting an event on Jan 23: https://x.com/hypurr_nl/status/2001984944370012212
+ New Hypurr stickers and emoji were added to Discord and Telegram