Octra (OCT)

octra is not slap-on privacy, and OCT is not a governance token

it is an asset that allows users and devs to build and pay for encrypted compute today: programs, webapps, defi, inference, and soon staking, running nodes and mining encrypted balance

no TEEs or plaintext involved

As @octra won the @novadotmarkets vote to list on Hyperliquid, we are in touch with the team for next steps. In the meantime, thought I'd provide some context on launch and listings.

OCT started with an auto-deployed @Uniswap pool and a bridge because we wanted to provide a simple way to obtain and encrypt assets. Despite being one of the most liquid and traded v4 pools outside of majors, it was not really intended for trading. Rather, it was there to build up organic demand for OCT as the privacy solution, which has been on a steady rise since deployment.

We deliberately chose not to force pre-market perps to create a higher price illusion or short-term exit liquidity during the @UniswapAuctions CCA. We also turned down several Tier 1 exchange offers to launch day 1 perps. Broadly, we are tech and product focused guys, and not trading experts, but some of the terms we received from every party and on every step of the way were straight up extractive and borderline dangerous for the project's survival. We h

$oct, what a token... https://t.co/Jat0gV1CM8