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Phase 2 is where Agent Circle’s growth loops switch on.

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What ships

Fast mode. Traders can opt in to let an agent sign orders directly on HyperCore at native speed. Builder-code revenue starts accruing. Limits are monitored by a keeper with an automatic kill switch, and the UI says so before anyone opts in. See Execution modes. Referral rewards. Referrers earn 10% of the platform’s fee share on users they bring, for 12 months. **AGENTlaunch.∗∗Oncethemarketplaceclearsthepublicfeethreshold,AGENT launch.** Once the marketplace clears the public fee threshold, AGENT launches in the Hyperliquid ecosystem. The bond discount, revenue buybacks and slash recycling switch on. See $AGENT utility.

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Gate

Fast mode needs the HyperCore account-mode and builder-fee questions settled on testnet. The token waits for the fee threshold, not a date.