What is FLIP?

$FLIP is described as a social token and themecoin. It is characterized as a leveraged bet on Hyperliquid flipping, and is presented as a HyperEVM-native memetic beta asset. The $FLIP token is also the native token to FLIPgo. The source does not provide founding details, token supply cap, or a governance model.

FLIPgo is a streaming platform focused on Hyperliquid perps trading. It is described as built natively on HyperEVM, using Livepeer infrastructure. The platform includes streaming and watching live content, earning, tipping, spending, and trading tokens, viewing streamers’ live positions on Hypercore and tipping to help avoid liquidation, depositing into vaults to watch traders deploy capital, creating public vaults to showcase strategies, and using VTuber avatars tied to NFTs.