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!

Happy points day!

This week on Hyperliquid:
+ $3B volume traded
+ $66M open interest
+ $41M TVL
+ $10M liquidated in 1 day
+ 9.7K users earning points

You can now long or short $ACE, the latest Binance launchpool release, 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/ACE

Hyperliquid's new bridge contract supports native Arbitrum USDC and has been audited by Zellic.

The new bridge enables CEX-like onboarding flow. Users will be able to trade on Hyperliquid without even creating a wallet, while still being permissionless and decentralized.

Migration to the new bridge will take place over the coming weeks. More details will be shared shortly. You can view the audits in the Docs.

By community request, you can now long or short $MAV 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/MAV

Hyperliquid's bridge migration has begun.

Note: This only impacts new deposits and withdrawals. If you already have USDC or USDC.e on Hyperliquid, you do not need to do anything.

Deposits now support native Arbitrum USDC only. You can swap other stablecoins for native USDC as part of the deposit flow.

Withdrawals are in USDC.e until migration is complete. Then, both deposits and withdrawals will be in native USDC.

You can now trade on Hyperliquid with just an email, thanks to the new integration with Privy. Onboarding feels just like a CEX, while still permissionless and decentralized.

You no longer need to
1) set up a defi wallet
2) manage your seed phrase
3) or acquire ETH for gas

Once you log in, an address will be generated for your email. Deposit by sending USDC from any CEX or wallet to that address. You can also withdraw directly to any address such as your CEX of choice.

Give it a try and share your feedback!

This week's update

Trading
+ Listed perps for ACE and MAV
+ Updated margin computation for open orders

Points
+ Week 7 of the Points program ended, and 1M points were distributed to 10K users
+ As a reminder, points reward behavior that is valuable to the protocol. Also, the same set of points is allocated to an increasing amount of activity and users. Therefore, different points across different weeks does not mean that there is an error

Product
+ Added email login so onboarding feels like a CEX, while still permissionless and decentralized. You no longer need to set up a defi wallet, manage your seed phrase, or acquire ETH for gas to use Hyperliquid!
+ Began migration to bridge 2 to support native Arbitrum USDC
+ Added ability to export CSV for Funding History, including 30 days of data
+ Expanded data for exported Trade History CSV to be up to 30,000 rows
+ Fixed LiFi swap in deposit flow - if you still run into issues, please open a ticket in the Discord server or on the website

By popular request, you can now long or short $WIF (dogwifhat) on Hyperliquid 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/WIF

Switch to Hyperliquid for a holiday gift 🎁

CEX traders get 50% off fees for your first $50M volume. Go to app.hyperliquid.xyz/cexy to get started.

Fees become 0.012% taker and 0.002% maker rebate - the cheapest place to trade perps. All you need is an email to start trading.

- - -

Details: Send a screenshot of your withdrawal from a CEX to Hyperliquid via twitter DM. If you do at least $1M volume by January 2, 50% of your trading fees will be refunded directly to your Hyperliquid account by January 5.

This campaign only applies to new users. You must sign up via the link above. The refund is for each user's first $50M volume. Only volume up until January 2, 23:59 UTC will be included. Duplicate submissions will be disqualified.

Open interest hits a new ATH on Hyperliquid every week. Currently OI is at $84M.

This week's update

Trading
+ Listed perps for WIF
+ Launched holiday promotion for new users: 50% off trading fees for your first $50M volume if you deposit from a CEX using the link https://app.hyperliquid.xyz/cexy Details to qualify here: https://x.com/HyperliquidX/status/1740029598484648195
+ Reached new ATHs for OI, active users, and TVL 📈

Points
+ Week 8 of the points program ended on Dec 26, and 1M points were distributed to 11k users

Product
+ Persist USD size when selected (instead of coin denomination)
+ Added flashing animation to order book for new levels
+ Cleaned up settings dropdown and added options to only set limit price (not size) when clicking order book levels and to disable order book animation
+ Added ETA for withdrawal time from Bridge2 in the Account section of the Trade page

Community
+ Welcomed new Discord moderators HurleyIDC and jecy! Excited to have them supporting the community
+ Added Chinese, Korean, and French translations, which can be found under the Globe icon in the nav bar