Entropy, a HIP-3 market deployer, spent 500 HYPE to acquire the Pearl code, suggesting a possible upcoming launch of its perpetual contract. According to ChainCatcher, Pearl (PRL) is an independent blockchain scheduled to go live in April 2026 and describes itself as an "AI version of Bitcoin." Its miners use GPUs for large-model matrix computing, and block production also generates verifiable AI computation. The project’s total supply is about 2.1 billion tokens.