Bounce Tech, a leveraged token protocol built on Hyperliquid’s HyperEVM, has launched a private beta bringing leveraged tokens to the Hyperliquid ecosystem. The product lets users gain leveraged exposure to assets such as BTC, ETH, SOL, HYPE, and PAXG by trading ERC‑20 leveraged tokens whose underlying positions are managed via Hyperliquid perpetual futures on HyperCore. These tokens maintain a target leverage ratio autonomously, so users do not manage margin, collateral, or liquidations directly; they simply buy or sell the token to enter or exit a leveraged long or short position. Access is currently gated via invite codes as part of the beta onboarding. The launch matters because it adds a non-custodial, onchain leveraged tokens layer on top of Hyperliquid, potentially increasing perpetual trading volume and deepening the utility of HyperEVM as an infrastructure for structured leverage products. By abstracting away the complexity of perpetuals while still routing risk through Hyperliquid perps, Bounce Tech positions itself as an easier frontend for leverage within the Hyperliquid ecosystem and a possible distribution channel for Hyperliquid “points” or future incentive schemes, though no native Bounce Tech token or airdrop has been confirmed. It also complements other emerging Hyperliquid ecosystem projects that tokenize perp exposure (such as alt.fun) and reflects a broader trend of packaging derivatives into simpler ERC‑20 instruments for speculation and strategy automation. "entities":["Bounce Tech (Bounce.Tech)","Hyperliquid","HyperEVM","HyperCore","BTC (Bitcoin)","ETH (Ethereum)","SOL (Solana)","HYPE (Hyperliquid ecosystem token)","PAXG","alt.fun (altdotfun)"]}'}`

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