Validators will vote on whether to delist LAUNCHCOIN around 07:00 UTC on Oct 25.
If the asset is delisted, all positions will be settled at mark price, and open orders will be canceled. Close any positions beforehand to avoid automatic settlement. After settlement, no new orders will be accepted.
If the asset is delisted, all positions will be settled at mark price, and open orders will be canceled. Close any positions beforehand to avoid automatic settlement. After settlement, no new orders will be accepted.
👍69🤣36✍13👎4❤3😁1
On the next app.hyperliquid.xyz frontend update:
+ Validator-operated perps will be renamed to clarify the collateral asset. For example, ETH perps will be displayed as ETH-USDC instead of ETH-USD. This is a display-only change. No contract specifications have changed.
+ HIP-3 perps will be shown. These markets are deployed independently onchain by third-parties through a permissionless mechanism. New deployer perps will be initially added to the "all" list, and may be moved to "strict" pending user adoption and liquidity. New HIP-3 deployers must share links to a docs page with contract specifications before their perps can be shown. As a reminder, inclusion of a market in “strict” does not mean it is lower risk, nor does it imply endorsement or evaluation. Users should always assess risks independently before trading any market.
+ DEX abstraction for HIP-3 perps will be enabled automatically when users connect, unless the user has explicitly opted out of DEX abstraction (for example, on another frontend or in the settings dropdown). When DEX abstraction is on, users can trade HIP-3 perps from their existing perps and spot balances.
+ Validator-operated perps will be renamed to clarify the collateral asset. For example, ETH perps will be displayed as ETH-USDC instead of ETH-USD. This is a display-only change. No contract specifications have changed.
+ HIP-3 perps will be shown. These markets are deployed independently onchain by third-parties through a permissionless mechanism. New deployer perps will be initially added to the "all" list, and may be moved to "strict" pending user adoption and liquidity. New HIP-3 deployers must share links to a docs page with contract specifications before their perps can be shown. As a reminder, inclusion of a market in “strict” does not mean it is lower risk, nor does it imply endorsement or evaluation. Users should always assess risks independently before trading any market.
+ DEX abstraction for HIP-3 perps will be enabled automatically when users connect, unless the user has explicitly opted out of DEX abstraction (for example, on another frontend or in the settings dropdown). When DEX abstraction is on, users can trade HIP-3 perps from their existing perps and spot balances.
❤101🔥51💅11👍4🎃4⚡2🦄2👨💻1
Weekly update
Product & Tech
+ HIP-3 perps are shown on app.hyperliquid.xyz. New deployers must share links to a Docs page with contract specifications before their perps can be shown.
+ DEX abstraction for HIP-3 perps is enabled automatically when users connect to app.hyperliquid.xyz. When DEX abstraction is enabled, users can trade HIP-3 perps from their existing perps and spot balances.
+ A Spanish language option was added in the Globe icon dropdown of app.hyperliquid.xyz
Trading
+ MEGAETH hyperp was listed
+ MET hyperp was converted to a regular perp
+ LAUNCHCOIN was delisted
New Teams on the HyperEVM & HyperCore (in no particular order)
+ Based released live-streaming and copy trading on HyperCore: https://x.com/BasedOneX/status/1981534082732630276
+ SubQuery supports indexing of the HyperEVM: https://x.com/SubQueryNetwork/status/1980197641490223559
+ Bitget wallet integrated the HyperEVM: https://x.com/BitgetWallet/status/1983096405473538055
Community Highlights
+ Hyperliquid Labs is hiring backend and frontend engineers. Apply here: https://jobs.ashbyhq.com/Hyperliquid%20Labs
+ Jeff spoke on TBPN: https://www.youtube.com/live/eej68BhIK_Q?si=z5-tabgpSJuazlH4&t=5768
+ Community meet-ups took place in Nigeria (https://x.com/hyperliquidNGx/status/1982750234296844338) and Melbourne (https://x.com/HyperliquidAu/status/1982674050188189714)
+ KNTQ (Kinetiq) is airdropping to Hypurr NFT holders: https://x.com/KinetiqFND/status/1981005133275373603
Product & Tech
+ HIP-3 perps are shown on app.hyperliquid.xyz. New deployers must share links to a Docs page with contract specifications before their perps can be shown.
+ DEX abstraction for HIP-3 perps is enabled automatically when users connect to app.hyperliquid.xyz. When DEX abstraction is enabled, users can trade HIP-3 perps from their existing perps and spot balances.
+ A Spanish language option was added in the Globe icon dropdown of app.hyperliquid.xyz
Trading
+ MEGAETH hyperp was listed
+ MET hyperp was converted to a regular perp
+ LAUNCHCOIN was delisted
New Teams on the HyperEVM & HyperCore (in no particular order)
+ Based released live-streaming and copy trading on HyperCore: https://x.com/BasedOneX/status/1981534082732630276
+ SubQuery supports indexing of the HyperEVM: https://x.com/SubQueryNetwork/status/1980197641490223559
+ Bitget wallet integrated the HyperEVM: https://x.com/BitgetWallet/status/1983096405473538055
Community Highlights
+ Hyperliquid Labs is hiring backend and frontend engineers. Apply here: https://jobs.ashbyhq.com/Hyperliquid%20Labs
+ Jeff spoke on TBPN: https://www.youtube.com/live/eej68BhIK_Q?si=z5-tabgpSJuazlH4&t=5768
+ Community meet-ups took place in Nigeria (https://x.com/hyperliquidNGx/status/1982750234296844338) and Melbourne (https://x.com/HyperliquidAu/status/1982674050188189714)
+ KNTQ (Kinetiq) is airdropping to Hypurr NFT holders: https://x.com/KinetiqFND/status/1981005133275373603
❤46🔥25👍15🦄2
By community request, Hyperliquid has listed CC-USD hyperps. You can now long or short the unlaunched Canton Network token with up to 3x leverage.
As a reminder, hyperps do not rely on any external data for the oracle price. Hyperps trade like perpetual contracts that users are familiar with, but do not require an external spot or index oracle price. Instead, the funding rate is determined relative to a moving average of the hyperp mark price.
Trading is on low leverage and isolated margin only. Beware of low liquidity, high volatility, potentially extreme funding, and increased liquidation risk. Note: CC-USD will convert to a vanilla perp upon CEX spot listing. See Docs for more.
CC-USD is a hyperp contract that poses higher than normal risk. Do not trade contracts you are unfamiliar with and do not understand the risks for. Read the Docs to learn more about the hyperp mechanism. NFA.
https://app.hyperliquid.xyz/trade/CC
As a reminder, hyperps do not rely on any external data for the oracle price. Hyperps trade like perpetual contracts that users are familiar with, but do not require an external spot or index oracle price. Instead, the funding rate is determined relative to a moving average of the hyperp mark price.
Trading is on low leverage and isolated margin only. Beware of low liquidity, high volatility, potentially extreme funding, and increased liquidation risk. Note: CC-USD will convert to a vanilla perp upon CEX spot listing. See Docs for more.
CC-USD is a hyperp contract that poses higher than normal risk. Do not trade contracts you are unfamiliar with and do not understand the risks for. Read the Docs to learn more about the hyperp mechanism. NFA.
https://app.hyperliquid.xyz/trade/CC
❤40👍7⚡5🔥4🌚2
As a reminder, validators vote on the delisting of validator-operated perps. If validators vote to delist an asset, the perps will settle to the 1 hour time weighted spot oracle price before delisting. This is a settlement mechanism used by many CEXs. Users who wish to avoid automatic settlement should close their positions beforehand. See: https://hyperliquid.gitbook.io/hyperliquid-docs/trading/delisting
👍45❤11🤝6
Validators will vote on whether to delist AI16Z around 8:30 UTC on Nov 6. AI16Z is being rebranded to ELIZAOS.
If validators vote to delist an asset, the perps will settle to the 1 hour time weighted spot oracle price before delisting, and open orders will be canceled. Close any positions beforehand to avoid automatic settlement. After settlement, no new orders will be accepted.
If validators vote to delist an asset, the perps will settle to the 1 hour time weighted spot oracle price before delisting, and open orders will be canceled. Close any positions beforehand to avoid automatic settlement. After settlement, no new orders will be accepted.
👍41❤16🔥11
Weekly update
Product & Tech
+ The HyperEVM small block gas limit was increased from 2M to 3M
+ HIP-3 deployers can configure sub-deployers for fine-grained permissioning of deployer actions. See Docs for more: https://hyperliquid.gitbook.io/hyperliquid-docs/for-developers/api/hip-3-deployer-actions
Trading
+ CC hyperps were listed and AI16Z was delisted
+ Max leverage was increased for ZEC to 10x
Community Highlights
+ Community events are taking place in Bangkok on Nov 9 (https://x.com/Hyperliquid_TH/status/1986092898287505613), Vancouver on Nov 13 (https://x.com/hyperliquid_ca/status/1980686448212021377) and Jakarta on Nov 13 (details to be shared by https://x.com/Hyperliquid_IDN)
Product & Tech
+ The HyperEVM small block gas limit was increased from 2M to 3M
+ HIP-3 deployers can configure sub-deployers for fine-grained permissioning of deployer actions. See Docs for more: https://hyperliquid.gitbook.io/hyperliquid-docs/for-developers/api/hip-3-deployer-actions
Trading
+ CC hyperps were listed and AI16Z was delisted
+ Max leverage was increased for ZEC to 10x
Community Highlights
+ Community events are taking place in Bangkok on Nov 9 (https://x.com/Hyperliquid_TH/status/1986092898287505613), Vancouver on Nov 13 (https://x.com/hyperliquid_ca/status/1980686448212021377) and Jakarta on Nov 13 (details to be shared by https://x.com/Hyperliquid_IDN)
👍32❤16🗿3🙏2
By community request, you can now long or short $ICP with up to 5x leverage.
Listing is not an endorsement of the project. Past performance does not guarantee future results. Do not trade assets you are unfamiliar with and do not understand the risks for. Exercise control. NFA.
https://app.hyperliquid.xyz/trade/ICP
Listing is not an endorsement of the project. Past performance does not guarantee future results. Do not trade assets you are unfamiliar with and do not understand the risks for. Exercise control. NFA.
https://app.hyperliquid.xyz/trade/ICP
👍28🤣14❤9🤔5💊1
The CC hyperp has converted to a regular perp. You can now long or short $CC with up to 3x leverage.
Listing is not an endorsement of the project. Past performance does not guarantee future results. Do not trade assets you are unfamiliar with and do not understand the risks for. Exercise control. NFA.
https://app.hyperliquid.xyz/trade/CC
Listing is not an endorsement of the project. Past performance does not guarantee future results. Do not trade assets you are unfamiliar with and do not understand the risks for. Exercise control. NFA.
https://app.hyperliquid.xyz/trade/CC
❤21✍4😭4👍2🤪2💊1
By community request, you can now long or short $AERO with up to 3x leverage.
Listing is not an endorsement of the project. Past performance does not guarantee future results. Do not trade assets you are unfamiliar with and do not understand the risks for. Exercise control. NFA.
https://app.hyperliquid.xyz/trade/AERO
Listing is not an endorsement of the project. Past performance does not guarantee future results. Do not trade assets you are unfamiliar with and do not understand the risks for. Exercise control. NFA.
https://app.hyperliquid.xyz/trade/AERO
❤36👍20🎅8
The Arbitrum bridge's automatic locking was triggered by a conservative set of conditions, and the bridge was unlocked after the situation was thoroughly investigated within ~25 minutes. Funds are safe. The Hyperliquid blockchain itself was not impacted and experienced no downtime.
❤125👍40🔥14🤣14🤮6💯4🙏3🌚3⚡2👎1
Based on stalequant's methodology (https://github.com/stalequant/stalequant.github.io/blob/main/build_delisting_recos.py) and community request, max leverage was reduced to 3x for AIXBT, ALT, BABY, BIO, BLUR, BRETT, GMT, GMX, GOAT, GRASS, IO, ME, MELANIA, MEME, MEW, MOODENG, MOVE, kNEIRO, OM, ORDI, PNUT, POPCAT, PROMPT, SUSHI, TURBO, USUAL, VINE, and ZEREBRO and 5x for WIF.
Note that max leverage decreases do not affect the liquidation price of open positions until they are modified. To reduce positions that exceed initial margin requirements under the new max leverage, use reduce-only orders. The first non-reduce-only order that modifies a position will subject it to the new max leverage and maintenance margin requirements. As a reminder, maintenance margin is half of the initial margin at max leverage. E.g., if max leverage is 10x, the maintenance margin is 5%.
Note that max leverage decreases do not affect the liquidation price of open positions until they are modified. To reduce positions that exceed initial margin requirements under the new max leverage, use reduce-only orders. The first non-reduce-only order that modifies a position will subject it to the new max leverage and maintenance margin requirements. As a reminder, maintenance margin is half of the initial margin at max leverage. E.g., if max leverage is 10x, the maintenance margin is 5%.
👍73🫡14❤13🔥7🗿3🙏1💊1
Weekly update
Product & Tech
+ Testnet-only, but eligible for mainnet bug bounty program: HIP-3 deployers can set the margin mode of perps to either noCross or strictIsolated. Both margin modes only allow isolated margin, but strictIsolated also does not allow removing margin from open positions (previously "isolated only" mode). HIP-3 deployers can also set a fee scale, which can be larger or smaller than the default. See https://hyperliquid.gitbook.io/hyperliquid-docs/for-developers/api/hip-3-deployer-actions for details.
+ Misc UI improvements to app.hyperliquid.xyz, e.g., improve onboarding for non-USDC perps, show market cap in the token selector for more spot assets, etc.
Trading
+ Felix deployed their HIP-3 perp dex with USDH perps
+ Ventuals deployed their HIP-3 perp dex with USDH perps
+ ICP and AERO perps were listed
+ CC hyperp was converted to a regular perp
+ Max leverage was reduced for various assets; see post above for more details
New Teams on the HyperEVM & HyperCore (in no particular order)
+ Ledger wallet supports HyperCore and the HyperEVM: https://x.com/Ledger/status/1987913372185080166
+ Hypedexer offers live HyperCore indexing with historical trade data: https://x.com/hypedexer/status/1986731491725119610
+ Zerion supports HyperEVM NFTs: https://x.com/zerion/status/1989323904058524096
Community Highlights
+ ASXN released a comprehensive dashboard at https://hyperscreener.asxn.xyz/home: https://x.com/asxn_r/status/1988703570997440978. stats.hyperliquid.xyz will begin redirecting to this dashboard in approximately 1 week
Product & Tech
+ Testnet-only, but eligible for mainnet bug bounty program: HIP-3 deployers can set the margin mode of perps to either noCross or strictIsolated. Both margin modes only allow isolated margin, but strictIsolated also does not allow removing margin from open positions (previously "isolated only" mode). HIP-3 deployers can also set a fee scale, which can be larger or smaller than the default. See https://hyperliquid.gitbook.io/hyperliquid-docs/for-developers/api/hip-3-deployer-actions for details.
+ Misc UI improvements to app.hyperliquid.xyz, e.g., improve onboarding for non-USDC perps, show market cap in the token selector for more spot assets, etc.
Trading
+ Felix deployed their HIP-3 perp dex with USDH perps
+ Ventuals deployed their HIP-3 perp dex with USDH perps
+ ICP and AERO perps were listed
+ CC hyperp was converted to a regular perp
+ Max leverage was reduced for various assets; see post above for more details
New Teams on the HyperEVM & HyperCore (in no particular order)
+ Ledger wallet supports HyperCore and the HyperEVM: https://x.com/Ledger/status/1987913372185080166
+ Hypedexer offers live HyperCore indexing with historical trade data: https://x.com/hypedexer/status/1986731491725119610
+ Zerion supports HyperEVM NFTs: https://x.com/zerion/status/1989323904058524096
Community Highlights
+ ASXN released a comprehensive dashboard at https://hyperscreener.asxn.xyz/home: https://x.com/asxn_r/status/1988703570997440978. stats.hyperliquid.xyz will begin redirecting to this dashboard in approximately 1 week
🫡36❤20✍7
HIP-3 growth mode
In order to bootstrap novel markets, the next network upgrade will allow HIP-3 deployers to activate growth mode on a per asset basis. Like other HIP-3 deployer actions, activating growth mode is permissionless.
When growth mode is active, there will be a ≥90% reduction on the all-in fees. Rebates and volume contributions will also be ≥90% lower. Growth mode applies on top of other multipliers, such as aligned stablecoin collateral fee benefits and staking discounts. Growth mode parameters may be adjusted based on user feedback.
The following two conditions apply for growth mode:
1. The deployer fee scale must be set between 0 and 1. As a reminder, deployer fee scale is the amount the deployer keeps as a percentage of the user’s fees before applying aligned stablecoin collateral discount, if applicable. See docs on deployer fee scale for more information: https://hyperliquid.gitbook.io/hyperliquid-docs/for-developers/api/hip-3-deployer-actions. This will also be enabled on mainnet on the next network upgrade and is already available on testnet. Setting growth mode has a 30 day cooldown per asset.
2. The markets must be entirely disjoint from existing validator-operated perps to prevent parasitic volume. For example, the following are not eligible for growth mode:
+ Crypto perps against any collateral
+ Perps on crypto indexes, ETFs, or other baskets of crypto assets
+ Perps on mathematical combinations including crypto assets, such as a linear combination of BTC and another asset’s price
+ Perps on vehicles or wrappers that hold primarily crypto assets
+ Perps tracking gold price, because PAXG-USDC already tracks gold price
This list of examples is illustrative and not comprehensive. Similar to delistings, the ultimate decider for disabling ineligible growth mode perps is onchain validator vote.
In summary, the baseline all-in taker rate under growth mode will be between 0.0045%-0.009% (5-10x lower than the 0.045% baseline fee for validator-operated perps) for non-aligned collateral assets and 0.0036%-0.0081% for aligned collateral assets. At the highest volume and staking tier, the taker fee will be 0.00144%-0.00288% for non-aligned collateral assets.
In order to bootstrap novel markets, the next network upgrade will allow HIP-3 deployers to activate growth mode on a per asset basis. Like other HIP-3 deployer actions, activating growth mode is permissionless.
When growth mode is active, there will be a ≥90% reduction on the all-in fees. Rebates and volume contributions will also be ≥90% lower. Growth mode applies on top of other multipliers, such as aligned stablecoin collateral fee benefits and staking discounts. Growth mode parameters may be adjusted based on user feedback.
The following two conditions apply for growth mode:
1. The deployer fee scale must be set between 0 and 1. As a reminder, deployer fee scale is the amount the deployer keeps as a percentage of the user’s fees before applying aligned stablecoin collateral discount, if applicable. See docs on deployer fee scale for more information: https://hyperliquid.gitbook.io/hyperliquid-docs/for-developers/api/hip-3-deployer-actions. This will also be enabled on mainnet on the next network upgrade and is already available on testnet. Setting growth mode has a 30 day cooldown per asset.
2. The markets must be entirely disjoint from existing validator-operated perps to prevent parasitic volume. For example, the following are not eligible for growth mode:
+ Crypto perps against any collateral
+ Perps on crypto indexes, ETFs, or other baskets of crypto assets
+ Perps on mathematical combinations including crypto assets, such as a linear combination of BTC and another asset’s price
+ Perps on vehicles or wrappers that hold primarily crypto assets
+ Perps tracking gold price, because PAXG-USDC already tracks gold price
This list of examples is illustrative and not comprehensive. Similar to delistings, the ultimate decider for disabling ineligible growth mode perps is onchain validator vote.
In summary, the baseline all-in taker rate under growth mode will be between 0.0045%-0.009% (5-10x lower than the 0.045% baseline fee for validator-operated perps) for non-aligned collateral assets and 0.0036%-0.0081% for aligned collateral assets. At the highest volume and staking tier, the taker fee will be 0.00144%-0.00288% for non-aligned collateral assets.
🔥126❤43👍16🗿5⚡4👎3✍2☃2🥴1🍓1🆒1
Weekly update
Product & Tech
+ Growth mode was enabled for HIP-3. If an HIP-3 deployer activates growth mode for an asset, fees are reduced by 90% compared to previous HIP-3 fees. See more details in the previous announcement. Trade[XYZ] activated growth mode for their perp assets, lowering baseline taker fees to 0.009%.
+ Deployers of legacy tokens pre-dating the implementation of deployer fee share can increase the fee share once from zero to a positive value. After this one-time change, the fee share can only decrease. See https://hyperliquid.gitbook.io/hyperliquid-docs/for-developers/api/deploying-hip-1-and-hip-2-assets for details
+ Aligned quote tokens were enabled on mainnet. Native Markets upgraded USDH to be an aligned quote token. Assets using USDH as a quote asset now have 20% lower taker fees, 20% higher maker rebates, and 20% higher volume contribution toward fee tiers
New Teams on the HyperEVM & HyperCore (in no particular order)
+ EtherFi card added support for the HyperEVM: https://x.com/ether_fi/status/1991150096168165490
+ Phantom integrated trading, sending, and receiving HyperEVM tokens: https://x.com/phantom/status/1991206504956039522
+ Derive enabled HYPE as collateral for options: https://x.com/DeriveXYZ/status/1991478151445467142
+ Anchorage added support for HYPE staking through its custody solution: https://x.com/Anchorage/status/1991903174589030516
+ SafePal wallet integrated HyperCore perps trading and the HyperEVM: https://x.com/iSafePal/status/1991052824931897476
Community Highlights
+ Hyperliquid Germany organized a community meet-up in Berlin: https://x.com/Hyperliquid_GER/status/1991576805002850349
+ Hyperliquid Indonesia organized a community meet-up in Jakarta: https://x.com/Hyperliquid_IDN/status/1991680411001581899?s=20
+ Hyperliquid India is organizing an event in Bangalore on Nov 30: https://x.com/Hyperliquid_In/status/1990323368672039114
+ nof1's Alpha Arena season 1.5 compares LLMs trading on Hyperliquid: https://nof1.ai/, https://x.com/jay_azhang/status/1991256354657366251
Product & Tech
+ Growth mode was enabled for HIP-3. If an HIP-3 deployer activates growth mode for an asset, fees are reduced by 90% compared to previous HIP-3 fees. See more details in the previous announcement. Trade[XYZ] activated growth mode for their perp assets, lowering baseline taker fees to 0.009%.
+ Deployers of legacy tokens pre-dating the implementation of deployer fee share can increase the fee share once from zero to a positive value. After this one-time change, the fee share can only decrease. See https://hyperliquid.gitbook.io/hyperliquid-docs/for-developers/api/deploying-hip-1-and-hip-2-assets for details
+ Aligned quote tokens were enabled on mainnet. Native Markets upgraded USDH to be an aligned quote token. Assets using USDH as a quote asset now have 20% lower taker fees, 20% higher maker rebates, and 20% higher volume contribution toward fee tiers
New Teams on the HyperEVM & HyperCore (in no particular order)
+ EtherFi card added support for the HyperEVM: https://x.com/ether_fi/status/1991150096168165490
+ Phantom integrated trading, sending, and receiving HyperEVM tokens: https://x.com/phantom/status/1991206504956039522
+ Derive enabled HYPE as collateral for options: https://x.com/DeriveXYZ/status/1991478151445467142
+ Anchorage added support for HYPE staking through its custody solution: https://x.com/Anchorage/status/1991903174589030516
+ SafePal wallet integrated HyperCore perps trading and the HyperEVM: https://x.com/iSafePal/status/1991052824931897476
Community Highlights
+ Hyperliquid Germany organized a community meet-up in Berlin: https://x.com/Hyperliquid_GER/status/1991576805002850349
+ Hyperliquid Indonesia organized a community meet-up in Jakarta: https://x.com/Hyperliquid_IDN/status/1991680411001581899?s=20
+ Hyperliquid India is organizing an event in Bangalore on Nov 30: https://x.com/Hyperliquid_In/status/1990323368672039114
+ nof1's Alpha Arena season 1.5 compares LLMs trading on Hyperliquid: https://nof1.ai/, https://x.com/jay_azhang/status/1991256354657366251
❤41🔥18
MON spot deposits, withdrawals, and trading are now live on Hyperliquid through Unit Protocol.
Deposit MON on https://app.hyperliquid.xyz/trade or https://app.hyperunit.xyz/
Trade spot MON at https://app.hyperliquid.xyz/trade/MON/USDC
Deposit MON on https://app.hyperliquid.xyz/trade or https://app.hyperunit.xyz/
Trade spot MON at https://app.hyperliquid.xyz/trade/MON/USDC
❤40🔥13👍5👎5🌚1
The MON hyperp has converted to a regular perp. You can now long or short $MON with up to 3x leverage.
Listing is not an endorsement of the project. Past performance does not guarantee future results. Do not trade assets you are unfamiliar with and do not understand the risks for. Exercise control. NFA.
https://app.hyperliquid.xyz/trade/MON
Listing is not an endorsement of the project. Past performance does not guarantee future results. Do not trade assets you are unfamiliar with and do not understand the risks for. Exercise control. NFA.
https://app.hyperliquid.xyz/trade/MON
⚡20❤8👍8☃3🙏1
Weekly update
Product & Tech
+ USDC is linked between HyperEVM and HyperCore on testnet. USDC linking and HyperEVM contracts on testnet are eligible for mainnet level bug bounties
+ Misc UI improvements to app.hyperliquid.xyz, including updates to the token selector and showing discounted fees compared to normal fees in the order form
Trading
+ Felix activated growth mode for their perp assets, lowering baseline taker fees to 0.0081%
+ MON was converted to a regular perp
+ MON and ENA spot trading, deposits, and withdrawals went live via Unit Protocol
New Teams on the HyperEVM & HyperCore (in no particular order)
+ Liminal launched tokenized yield strategies: https://x.com/liminalmoney/status/1992270909047009487
+ Atomic wallet and xPortal app integrated HyperCore trading: https://x.com/AtomicWallet/status/1992936370185314770, https://x.com/xPortalApp/status/1992956721703408102
Community Highlights
+ Kinetiq's genesis event took place; KNTQ and kHYPE were the first HyperEVM project tokens deployed on HyperCore against USDH
+ Hyperliquid Philippines organized a community meet-up in Manila: https://x.com/HyperliquidPH/status/1993520905595859237
+ Flowscan released a builder code dashboard: https://www.flowscan.xyz/builder-intelligence
+ The HYPE Genesis Event took place a year ago on Nov 29, 2024. Happy TGE anniversary
Product & Tech
+ USDC is linked between HyperEVM and HyperCore on testnet. USDC linking and HyperEVM contracts on testnet are eligible for mainnet level bug bounties
+ Misc UI improvements to app.hyperliquid.xyz, including updates to the token selector and showing discounted fees compared to normal fees in the order form
Trading
+ Felix activated growth mode for their perp assets, lowering baseline taker fees to 0.0081%
+ MON was converted to a regular perp
+ MON and ENA spot trading, deposits, and withdrawals went live via Unit Protocol
New Teams on the HyperEVM & HyperCore (in no particular order)
+ Liminal launched tokenized yield strategies: https://x.com/liminalmoney/status/1992270909047009487
+ Atomic wallet and xPortal app integrated HyperCore trading: https://x.com/AtomicWallet/status/1992936370185314770, https://x.com/xPortalApp/status/1992956721703408102
Community Highlights
+ Kinetiq's genesis event took place; KNTQ and kHYPE were the first HyperEVM project tokens deployed on HyperCore against USDH
+ Hyperliquid Philippines organized a community meet-up in Manila: https://x.com/HyperliquidPH/status/1993520905595859237
+ Flowscan released a builder code dashboard: https://www.flowscan.xyz/builder-intelligence
+ The HYPE Genesis Event took place a year ago on Nov 29, 2024. Happy TGE anniversary
❤71⚡16👍13🔥8🎄8🦄6✍2🙏2
USDC is now linked between HyperCore and HyperEVM. This is a major milestone in allowing secure, natively minted cross chain USDC deposits directly to HyperCore. In the final state, the Arbitrum bridge will be deprecated and all USDC will be natively minted. There are many details still to build out, and the priority is to roll out features in a safe way while giving users and builders ample time to migrate. Thank you to the Circle team’s hard work on building this integration.
For users and builders, there is no immediate breaking change. Users can deposit and withdraw from both the Arbitrum bridge and HyperEVM. HyperCore now supports one-click deposits from CCTP-enabled chains, abstracting away the minting on HyperEVM. The CCTP route from Arbitrum has been deployed by Circle, with others to follow.
During this transition phase, USDC transfers from HyperCore to HyperEVM (including HyperEVM and CCTP USDC “withdrawal” options) may fail if there is insufficient balance on HyperEVM. If a transfer/withdrawal to HyperEVM fails, the funds are still safe and remain in HyperCore. Users can still withdraw from the Arbitrum bridge instead. If users want USDC on HyperEVM, they can send to HyperEVM from Arbitrum via CCTP, the same as before the linking. This is an intentional design during the transition period, as the Arbitrum bridge and HyperEVM are separate even though the USDC is fungible on HyperCore.
Builders can begin switching their integrations to use HyperEVM USDC deposit flow. The USDC contracts support CCTP transfers from other chains to and from HyperCore with a single source chain transaction, which is a meaningful improvement in user experience. See https://github.com/circlefin/hyperevm-circle-contracts for details.
For users and builders, there is no immediate breaking change. Users can deposit and withdraw from both the Arbitrum bridge and HyperEVM. HyperCore now supports one-click deposits from CCTP-enabled chains, abstracting away the minting on HyperEVM. The CCTP route from Arbitrum has been deployed by Circle, with others to follow.
During this transition phase, USDC transfers from HyperCore to HyperEVM (including HyperEVM and CCTP USDC “withdrawal” options) may fail if there is insufficient balance on HyperEVM. If a transfer/withdrawal to HyperEVM fails, the funds are still safe and remain in HyperCore. Users can still withdraw from the Arbitrum bridge instead. If users want USDC on HyperEVM, they can send to HyperEVM from Arbitrum via CCTP, the same as before the linking. This is an intentional design during the transition period, as the Arbitrum bridge and HyperEVM are separate even though the USDC is fungible on HyperCore.
Builders can begin switching their integrations to use HyperEVM USDC deposit flow. The USDC contracts support CCTP transfers from other chains to and from HyperCore with a single source chain transaction, which is a meaningful improvement in user experience. See https://github.com/circlefin/hyperevm-circle-contracts for details.
🔥100❤31👏10👍5👎2🦄2⚡1🤮1🗿1
By community request, you can now long or short $STABLE with up to 3x leverage.
Listing is not an endorsement of the project. Past performance does not guarantee future results. Do not trade assets you are unfamiliar with and do not understand the risks for. Exercise control. NFA.
https://app.hyperliquid.xyz/trade/STABLE
Listing is not an endorsement of the project. Past performance does not guarantee future results. Do not trade assets you are unfamiliar with and do not understand the risks for. Exercise control. NFA.
https://app.hyperliquid.xyz/trade/STABLE
❤19👍8⚡6
By community request, Hyperliquid has listed FOGO-USD hyperps. You can now long or short the unlaunched Fogo token with up to 3x leverage.
As a reminder, hyperps do not rely on any external data for the oracle price. Hyperps trade like perpetual contracts that users are familiar with, but do not require an external spot or index oracle price. Instead, the funding rate is determined relative to a moving average of the hyperp mark price.
Trading is on low leverage and isolated margin only. Beware of low liquidity, high volatility, potentially extreme funding, and increased liquidation risk. Note: FOGO-USD will convert to a vanilla perp upon CEX spot listing. See Docs for more.
FOGO-USD is a hyperp contract that poses higher than normal risk. Do not trade contracts you are unfamiliar with and do not understand the risks for. Read the Docs to learn more about the hyperp mechanism. NFA.
https://app.hyperliquid.xyz/trade/FOGO
As a reminder, hyperps do not rely on any external data for the oracle price. Hyperps trade like perpetual contracts that users are familiar with, but do not require an external spot or index oracle price. Instead, the funding rate is determined relative to a moving average of the hyperp mark price.
Trading is on low leverage and isolated margin only. Beware of low liquidity, high volatility, potentially extreme funding, and increased liquidation risk. Note: FOGO-USD will convert to a vanilla perp upon CEX spot listing. See Docs for more.
FOGO-USD is a hyperp contract that poses higher than normal risk. Do not trade contracts you are unfamiliar with and do not understand the risks for. Read the Docs to learn more about the hyperp mechanism. NFA.
https://app.hyperliquid.xyz/trade/FOGO
🔥28⚡7❤6👍3☃1