This week's recap

Trading
+ Listed perps for BADGER, NEO, ZEN, FIL
+ Listed hyperp for PYTH

API
+ Added client order ids to allow users to cancel orders based on an id chosen by the user before sending the order
+ Important: webData endpoints in REST and WS will be deprecated after Nov 22 at 00:00 UTC. Users who are using it are recommended to switch to webData2 before then. The key difference is that webData2 removes fills, historical orders, and ledger updates. This information can be obtained for separate websocket subnoscriptions or REST requests. Please reach out if you have any issues with migrating

Points
+ Week 2 of the Points program ended on Nov 15 at 00:00 UTC and have been distributed. Week 3 has already begun!
+ Reminder: Affiliates earn 1 point for every 4 points their referred users earn. If you have referred >$25M in 30d volume or have >5,000 social media followers, you can apply to be an affiliate: https://forms.gle/eCTJGdRFjwpA3z349

Product
+ Various changes to the order form based on user feedback to simplify the trading experience
+ Added weekly referred volume on the Points page per many user requests
+ Added warning for isolated only assets to remind users that they can only add and not remove margin
+ ...and many more UI improvements

By community request, you can now long or short $ILV on Hyperliquid with up to 10x 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/ILV

Trading gamefi? Long or short $IMX on Hyperliquid with up to 10x 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/IMX

By popular request, you can now long or short $BONK on Hyperliquid with up to 10x 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/kBONK

By popular request, you can now long or short $SUSHI on Hyperliquid with up to 10x 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/SUSHI

This week's recap

Trading
+ Listed perps for BONK, ILV, IMX, and SUSHI
+ PYTH hyperp converted to a vanilla perp
+ Hit a new ATH for total volume, retail volume, and DAU!

API
+ webData endpoints in REST and WS were deprecated. Users who were using it are recommended to switch to webData2. webData2 removes fills, historical orders, and ledger updates. This information can be obtained for separate websocket subnoscriptions or REST requests. Reach out if you have any issues migrating

Points
+ Week 3 of the Points program ended on November 21. 1M points for week 3 will be distributed Thursday by EOD UTC. Week 4 has already begun

Product
+ Added token icons and brief denoscriptions to help users who weren't sure what each token was
+ Added more categories to the token selector
+ Cleaned up sorting and colors on leaderboard
+ Added size option to market close modal
+ Migrated testnet to Sepolia (for those who prefer to test their strategies on testnet before using mainnet)
+ Added stats to the landing page

Hyperliquid has reached $10B in total volume.

Since its inception a year ago, Hyperliquid has been entirely bootstrapped. A huge thank you to the community for your continued support, which drives the protocol's growth and success.

Hyperliquid will always be community-first.

Following the Binance perps listing, you can now trade $SUPER with up to 10x 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/SUPER

By popular request, you can now long or short $USTC with up to 10x leverage on Hyperliquid.

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/USTC

Long or short $GMT with up to 10x leverage on Hyperliquid.

Interested in gamefi? $GMT is one of many tokens you can trade on Hyperliquid, including: $BIGTIME, $BLZ, $ILV, $IMX, $SUPER, $YGG

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/GMT

Introducing: NFTI

NFTI is an index of blue-chip NFT collections, including Bored Ape Yacht Club, Mutant Ape Yacht Club, Azuki, DeGods, Pudgy Penguins, and Milady Maker. An NFT index is an easy way to long or short the NFT market compared to trading individual collections.

The index is a 3-minute EMA of the aggregate floor price. The aggregate floor price is the sum of each collection's floor price, with BAYC/10. Floor prices are taken from OpenSea; CryptoPunks were excluded because they're not listed on OpenSea.

Trading is on low leverage and isolated margin only. Beware of low liquidity, high volatility, and increased liquidation risk. Do not trade assets you are unfamiliar with and do not understand the risks for. Exercise control. NFA.

https://app.hyperliquid.xyz/trade/NFTI

Happy points day! Week 4 points have been distributed.

Here's a look at the past month:
+ 8.8K users earned points
+ $3.8B volume traded
+ $36M open interest
+ $30M notional liquidated
+ $14M inflow, reaching $29M TVL

How are users doing?
+ 1 address has been rank #1 for two different weeks
+ No one has been in the top 10 every week
+ 22% of users are still in Wood
+ 1% of users are in Diamond

As for vaults:
+ HLP has reached $13M TVL and $1.3M all-time PNL
+ There are 350+ user vaults, with 5 vaults over $100K TVL

By community request, Hyperliquid has listed $JUP-USD hyperps. You can now long or short the unlaunched Jupiter token with up to 3x leverage.

Trading is on low leverage and isolated margin only. Beware of low liquidity, high volatility, potentially extreme funding, and increased liquidation risk. Do not trade contracts you are unfamiliar with and do not understand the risks for.

$JUP-USD will convert to a vanilla perp upon CEX spot listing. See docs for more: https://hyperliquid.gitbook.io/hyperliquid-docs/trading/hyperps

https://app.hyperliquid.xyz/trade/JUP

By community request, you can now long or short $LUNC with up to 10x leverage on Hyperliquid.

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/kLUNC

By community request, you can now long or short $RSR with up to 5x leverage on Hyperliquid.

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/RSR

You can now long or short $GALA with up to 10x leverage on Hyperliquid.

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/GALA

By popular request, you can now long or short $JTO with up to 10x leverage on Hyperliquid.

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/JTO

With yesterday's volatility, Hyperliquid reached $1B in 24 hour volume.

OI, volume, TVL, and DAU hit new ATHs every week. Experience the best liquidity and widest asset selection in defi.

By community request, you can now long or short $NTRN with up to 10x leverage on Hyperliquid.

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/NTRN

This week's update

Trading
+ Listed perps for NTRN
+ Reached new ATH for 24h volume at $1 billion!

Points
+ Week 6 of the Points program has ended. 1M points for week 6 were distributed to 9.7K users
+ As a reminder, points are distributed every Thursday around EOD UTC for Wednesday-Tuesday the week prior

Product
+ Began beta testing for bridge 2, which supports email login and native USDC
+ Cleaned up user flow for mobile devices
+ Changed reduce only behavior on the order form to persist size instead of percent based on user feedback

Community
+ Added a Korean language channel in Discord to support the Korean community 🇰🇷

Overall, Hyperliquid has been hitting new ATHs every week across metrics, including DAU, volume, OI, and TVL. Big thanks to everyone who has been using Hyperliquid, sharing feedback, and growing the platform!