The TROVE token generation event is still scheduled to proceed on Monday, despite the sudden pivot to Solana.
Trove Markets, which is building a decentralized perpetual exchange for collectibles, is under fire for pivoting to Solana after raising over $11.5 million tied to a token sale for an integration on Hyperliquid, prompting some backers to seek refunds.
Trove first announced the surprise move to Solana in a post to X on Friday, with one of Trove’s builders, “Unwise,” later blaming the pivot on a liquidity partner withdrawing 500,000 Hyperliquid (HYPE) tokens needed for the Hyperliquid integration.
The TROVE token sale ran from Jan. 8 to Jan 11, and the token generation event is now slated for Monday at 4:00 pm UTC.
