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Woofun AI reports that Dreamcash, a trading platform within the Hyperliquid ecosystem, will cease operations of its CASH perpetual market deployed on the HIP-3 framework. The closure stems from native USDC integration on Hyperliquid, which imposes excessive user experience barriers and compromises the platform's intended neutrality.
The shutdown process spans from June 30 to July 2, with markets settling sequentially against oracle prices. All open positions will be automatically closed at settlement prices without user intervention. Due to the non-hosted architecture, user funds, balances, and rewards remain unaffected, requiring no withdrawals. Settlements commence on June 30 at 21:45 for the CASH market, followed by KWEB, CAR, EWY, INTC, MSFT, SILVER, and WTI starting at 22:00 with one-hour intervals. On July 1 at 22:00, GOLD, AMZN, META, and NVDA will settle, while GOOGL, HOOD, TSLA, and USA500 follow on July 2 at 22:00. All processes conclude by 1:00 on July 3. Dreamcash will redirect resources toward mobile trading app development, with the app continuing normal operations.