Hyperliquid reached a new all-time high in open interest of >$1.5B.

By community request, you can now long or short 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. Note that the -USD oracle is USDC-denominated instead of USDT-denominated. As with all other perps, -USD is USDC-margined. Hyperliquid spot has been added to the list of oracle sources with weight 1. https://app.hyperliquid.xyz/trade/PURR

Biweekly update Product + Updated info bar to display social media links for spot assets. Appreciate your patience while there is a backlog of spot assets to be updated + Added different layout options for the Order Book and Trades + Enabled opting out of spot dust conversions by selecting "Opt Out of Spot Dusting" in the Settings dropdown + Misc UI improvements Tech + Shoutout to Cain from Ambit Labs for his testnet EVM report: Transfer from EVM to native spot did not credit deposits with more precision than wei decimals on native spot token. This has been fixed to floor to the maximum integer multiple of wei. + Please continue to submit any findings for the testnet EVM bug bounty by opening a Discord ticket with a minimal reproducible example. Thank you for your reports! Trading + SCR converted from a hyperp to a regular perp + GOAT, kNEIRO, NEIROETH, MOODENG, and GRASS were listed Community Highlights + Added a ⁠Vietnamese language channel in Discord + Coinalyze integrated Hyperliquid: https://coinalyze.net/bitcoin/usd/hyperliquid/btc/price-chart-live/ + Push Protocol now provides liquidation and positions alerts for Hyperliquid: https://x.com/pushprotocol/status/1851625233654153716 + HypurrCo, HyperActive, and CL are hosting a brunch at DevCon: https://lu.ma/rctxq98m

By community request, you can now long or short 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/GRASS

By community request, you can now long or short 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/MOODENG

By community request, you can now long or short 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/GOAT

By community request, you can now long or short $NEIRO and with up to 5x leverage. Listings are 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/kNEIRO https://app.hyperliquid.xyz/trade/NEIROETH

The hyperp has converted to a regular perp. You can now long or short 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/SCR

Please see the following message from the Hyper Foundation twitter account: https://x.com/HyperFND/status/1845851735363027270

The spot deploy minimum gas will be increased from 100 USDC to 10k USDC on the next network upgrade. This change prevents unnecessary native spot state bloat. For reference, there are currently more than 100k addresses holding native spot balances. This number is expected to increase significantly. Due to adjustments to automatic spot dusting based on user feedback, the spot state will be pruned much less frequently. As a natural progression after the HyperEVM release, projects will be able to begin building on the EVM and can then deploy on the native spot order book when they are ready.

Weekly update Product + Spot dust conversion now has an additional condition that the balance be less than the lot size of the spot asset. Note that users are always able to sell spot if the order leaves them with less than 1 lot size worth of the token, after which the remainder is eligible for dust conversion. Separately, in a future update, users should be able to opt out of spot dusting entirely. + Misc. UI improvements Tech + A new role has been added to the Discord server for updates related to the #node-operators channel. React in the #server-roles channel to be pinged for future updates. Trading + SCR hyperp was listed

By community request, Hyperliquid has listed -USD hyperp. You can now long or short the unlaunched Scroll token with up to 3x leverage. Hyperps do not rely on 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. This makes the hyperp price more stable and less susceptible to manipulation. Trading is on low leverage and isolated margin only. Beware of low liquidity, high volatility, potentially extreme funding, and increased liquidation risk. Note: -USD will convert to a vanilla perp upon CEX spot listing. -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 and how it differs from vanilla perps. NFA. https://app.hyperliquid.xyz/trade/SCR

The Arbitrum bridge was locked earlier today due to an automatic monitoring process run by L1 validators. The locking process relies on many major Arbitrum RPCs and ensures that the L1 and Arbitrum state are synced. The locking mechanism is meant as a last resort to prevent exploits. In this case, the locking was a false positive. An extremely rare edge case occurred where multiple RPCs served inconsistent data between transactions and state. This is not an error by the RPC providers because there is no guarantee of temporal consistency between endpoints, especially on a high throughput network like Arbitrum. However, it is extremely rare that many RPCs agree exactly on their out-of-date data, which caused a locking condition to be hit. The overall locking mechanism is conservative because losing user funds is a far worse outcome than occasional downtime. This was the first locking incident in over one year of continuous operation. Thank you to the Arbitrum team for prompt assistance in looking into the issue. Improvements are being made to the monitoring process to prevent the same false positive from triggering in the future. All user funds are safe.

Weekly update Product + Released builder codes, which let anyone permissionlessly monetize applications on the L1. You can read more in Jeff's tweet: https://x.com/chameleon_jeff/status/1841392573199585291 + Added mobile login via desktop QR code scan. This now works by scanning directly from your camera app, in addition to from the PWA or mobile browser. + Updated API page to include expiration date per agent wallet (aka API wallet) + Included the claiming of referral rewards as a row in the Deposits and Withdrawals table. Rewards claims need to be >1 USDC to be processed. + Misc UI improvements Tech + Please continue to submit any findings for the testnet EVM bug bounty via Discord ticket with a minimal reproducible example. The bug bounty scope includes any part of the system that touches the EVM, including the EVM state transitions, EVM interaction with the L1, and JSON-RPC. Trading + HMSTR was listed. EIGEN converted from a hyperp to regular perp. + OI reached a new ATH of >$1.4B Points + L1 points for weeks 17 and 18 (Sep 18-24 and Sep 25-Oct 1 were distributed) + An announcement will be posted about May points once they are distributed Note: As always, Hyperliquid has never raised external capital and has no advisors. Any claims otherwise are false.

Many users were frustrated with flaky third-party mobile wallets. Now you can bring your desktop trading to mobile with a simple scan. Instructions: https://hyperliquid.gitbook.io/hyperliquid-docs/onboarding/connect-mobile-via-qr-code

The hyperp has converted to a regular perp. You can now long or short 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/EIGEN

Hyperliquid now supports builder codes, which let anyone permissionlessly monetize applications on the L1. Regional frontends, fiat onramps, mobile wallets, social trading -- all are one line of code away from earning upside proportional to their volume. This upside can be multiples of what the L1 itself charges. Builder codes are trustless and entirely onchain. They bring together the best of both worlds from CEX broker programs and permissionless, self-custodial defi. See API announcements on Discord or TG for more details.

By community request, you can now long or short 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/HMSTR

Bi-weekly update Tech + The node Github has been updated with instructions on delegation. Any user can delegate the testnet native token TESTH to any validator. Staking rewards and withdrawal queue are also live on testnet, with some rudimentary endpoints to query data. More endpoints will be released with information such as staking history and validator uptime. Please flag any issues in the Discord node-operators channel + Released bug bounty for testnet EVM. See Discord announcement for more details. The bug bounty scope includes any part of the system that touches the EVM, including the EVM state transitions, EVM interaction with the L1, and JSON-RPC. Please submit any findings via Discord ticket and include a minimal reproducible example in your report. Product + As a reminder, there are now expiration times for agent wallets (also referred to as API wallets). API users should make sure to authorize new API wallets before expiration. Community Highlights + Hyperliquid Labs hosted its first community event in Singapore. It was great meeting so many users and builders and hearing about their experiences with Hyperliquid. Product improvements are already underway based on user feedback from the conference week. + HypurrCo x hyper/active x Vegas x Theo hosted a lively community meetup in Singapore as well. + Hypurr plushies were spotted around Singapore as part of a scavenger hunt and have since spread out across the world as their new owners returned home + ASXN wrote a detailed report about their Hyperliquid thesis: https://newsletter.asxn.xyz/p/hyperliquid-the-hyperoptimized-order + This is just a small subset of what the community has worked on the past 2 weeks. You can find more research, user-built tooling, apps being developed, etc. in the Discord community research channel. Trading + Open interest reached a new ATH of >$1B + POL, CATI, and CELO were listed L1 Points + L1 points for weeks 15 and 16 (Sep 4-10 and Sep 11-17 were distributed). The last distribution will take place on Oct 4.

By community request, you can now long or short CATI 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/CATI

By community request, you can now long or short CELO 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/CELO

Hyperliquid reached a new all-time high in open interest of >$1B.

Thank you to everyone who joined the community event in Singapore yesterday! It was great meeting so many users and builders and hearing about their experiences with Hyperliquid. Back to work today on improving the product.

Following the MATIC to conversion, you can now long or short 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/POL

Bi-weekly update Tech + Validating nodes are live on testnet. You can read more here: https://github.com/hyperliquid-dex/node and discuss in the Discord node operators channel. If you would like to be whitelisted, please run a non-validating node first and then share your address in a Discord ticket. There is a lot of interest in being a validator; thank you for your patience during this gradual rollout as the system is being tested and improved based on user feedback. Please note that testnet is under active development and may be down from time to time. Product + Based on user feedback, agent wallets (also referred to as API wallets) will start enforcing expiration times following the next network upgrade. See more in ⁠the API announcements channel. + Updated Support link in footer to be a traditional ticket format with email correspondence + Misc. improvements, e.g., improving rate limiting issues for frontend users, optimizing token selector rendering Community Highlights + ValiDAO mapped testnet nodes: https://x.com/validaoxyz/status/1833150888925626727 + HyperScanner shared a write-up about vaults: https://x.com/hyper_scanner/status/1833526731157995548 + HypurrCo posted an overall guide: https://x.com/hypurr_co/status/1833446077951054088 + HyBridge now supports crosschain swaps to deposit to Hyperliquid: https://x.com/HyBridgeHL/status/1831396387747156153 + This is not comprehensive; many community members' great work can be found in ⁠the community research channel in Discord Trading + kDOGS was listed; MATIC was delisted L1 Points + L1 points for Weeks 13 and 14 (Aug 21-27 and Aug 28-Sep 3) were distributed. Points distributions take place on Fridays

MATIC-USD will be delisted on September 9 at 07:30 UTC as part of Polygon's migration from MATIC to POL. All positions will be settled at mark price, and open orders will be canceled. Close any positions beforehand to avoid automatic settlement. After settlement, MATIC-USD perps will be delisted, and no new orders will be accepted.

By community request, you can now long or short kDOGS with up to 5x leverage. kDOGS tracks 1,000 times the DOGS price. 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/kDOGS

Work on the L1 and HyperEVM has been progressing quietly over the past months. During this time, it's been rewarding to see the community thrive. Thank you to the many users who have been building tools and apps, supporting one another, and spreading the word about Hyperliquid. (Collage courtesy community member, mogie)

Bi-weekly update Product + Updated token selector: improved rendering speed, added Perps and Layer 2 as categories + Fixed high memory usage on app.hyperliquid.xyz Trade page; please flag in the Discord server ⁠if you're still seeing very high memory usage when you leave the tab / window open + Misc. improvements Community Highlights + Hypurr plushies have arrived in Singapore and are excited to make new friends at the community side event. You can RSVP here: https://lu.ma/hyperliquid2024 + Stalequant shared analysis on the all-in cost of trading on Hyperliquid vs CEXs: https://x.com/laurentzeimes/status/1824122611829219630 + Hypurr_co is collating an ecosystem map: https://east-opal-e86.notion.site/74646ecaa49847728c908d5c60760e4a?v=0968f0a0feeb49dc874425ca00e88d6f + Crowdfunding spot tokens is possible through HypurrPump: https://t.me/+GRIwAPnAUBk4ODE0 + Pvp.trade lets you trade with your friends in a clan against other clans: https://pvp.trade/ + HyBridge bridges assets from 6 different EVM chains to Hyperliquid: https://x.com/HyBridgeHL/status/1826378908171903278 Trading + Open Interest reached a new ATH of >$800M L1 Points + L1 points for Weeks 11 and 12 (Aug 7-13 and Aug 14-20) were distributed. Points distributions take place on Fridays

Bi-weekly update Product + Updated market cap to exclude non-circulating balances on the token explorer page and trade page + Miscellaneous improvements: reduced lag when using the slider, cleaned up checkbox enabling/disabling, improved error messages when swapping USDT or USDC.e for <5 USDC, etc. Community + Insilico Terminal now supports Hyperliquid; Jeff joined a twitter spaces with Flood from Insilico to discuss the integration + Tradestream, a trading journal, integrated Hyperliquid: https://x.com/tradestream_xyz/status/1823734377937015184 + Hypurr Pump launched on Telegram: https://t.me/+GRIwAPnAUBk4ODE0 + Rage Trade's $RAGE went live on the Hyperliquid L1 + Abhi from Theo shared notes on the HyperEVM: https://x.com/abhiii53/status/1821234175212667080 + Community members often do a better job with extensive recaps these days, e.g., from HypurrCollective: https://x.com/hypurrco/status/1822605796892705128 Trading + 24h perps volume reached a new ATH of >$4.3B on August 5; 24h liquidations also reached a new ATH of >$345M + RENDER was listed; CANTO was delisted L1 Points + L1 points for Weeks 9 and 10 (July 24-30 and July 31-Aug 6) were distributed. Points distributions take place on Fridays