Pear Protocol will open a one-way migration portal on 12 October, letting holders swap $PEAR on Arbitrum for a new token on HyperEVM at a 1:1 ratio, with liquidity launching on Hyperliquid spot and HyperEVM shortly after. stPEAR holders need no action; vesting holders can migrate after unlocking, with the portal open until 28 September 2027 plus a buffer. The project cites over $2bn in volume and $1.3M in lifetime fees, and PIP-3, passed with over 99% support, directs 70% of revenue to buybacks, burns and liquidity. Pear warns that a PEAR token currently listed on Hyperliquid spot is a scam.

AI summary of the linked source — not editorial content.

Story signal · how it spread on X · via Elfa

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Spread
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5 accounts

first post
Leviathan +21.4 h later

PEAR reaction
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Price change from the first post to 24 hours later (CoinGecko). BTC over the same window is shown so a market-wide move is not mistaken for a reaction to this story. Not advice.
−14.2% 24h after post

$0.0389 → $0.0334
BTC −1.7% same window

Thread · 2 events · last update 12 Oct 14:56 · quiet
  1. First reportPear Protocol announces 1:1 PEAR migration from Arbitrum to a new token on HyperEVM3 acc.
  2. Leviathan published this article
  3. UpdatePear Protocol delays PEAR migration while finalizing Hyperliquid liquidity arrangements2 acc.

All times UTC.

Cited posts

  • @pear_protocol Pear Protocol 🍐First reportOn X ↗

    https://t.co/iiMTjDUKdT

  • @SweetcheeksReal Sweetcheeks (🌲,🌲)On X ↗

    Hypearliquid https://t.co/8UlpWGI6F2

  • @akira_noma akira nomaOn X ↗

    $PEAR token migration from arbitrum to HyperEVM? bullish if you asked me 🚀 https://t.co/ilYrDHpkMH

Show 2 more cited posts
  • @pear_protocol Pear Protocol 🍐On X ↗

    gPear, We are finalizing liquidity arrangements with market makers on HyperCore and partners on HyperEVM to ensure the launch for PEAR on Hyperliquid is smooth. And thus, we will delay the token migration. Any links to a migration portal outside of our official channels are…

  • @ClBlockchain C-l 🏰🍐On X ↗

    We are finalizing liquidity arrangements with market makers on HyperCore and partners on HyperEVM to ensure the launch for PEAR on Hyperliquid is smooth. https://t.co/Y2PW4u61xz

TradersTrader calls tracked by Elfa · not advice

Positioning · PEAR

Open29 open positions · 29 long · 0 short

Tracked accounts lean long about 97% of the time, so a long-heavy book is normal, not a signal. As of 28 Sep 10:55 UTC.

Reaction since the first post

Since 27 Sep 13:30 UTC3 calls opened · 3 long · 0 short

Whole crypto market, not this story

Crowding95th percentile · vs last 28 days, 50 typical
Pulse 24h37/100 · unusualness of new calls, 0–100, 50 typical, higher means more long than usual
Book97.4% long · 11,965 accounts

As of 28 Sep 10:00 UTC.

Social-monitoring data, not investment advice Elfa prices CoinGecko post text from Xas of

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