News

TLDR: During recent volatility, Hyperliquid had 100% uptime with zero bad debt. This was Hyperliquid’s first cross-margin ADL in more than 2 years of operation. ADL does not change the outcome for any liquidated users. While some specific ADL providing trades were unfavorable, t…

During the recent market volatility, the Hyperliquid blockchain had zero downtime or latency issues despite record traffic and volumes. HyperBFT consensus and execution handled the spike in throughput gracefully. This was an important stress test proving that Hyperliquid's dece…

By community request, Hyperliquid has listed MET-USD hyperps. You can now long or short the unlaunched Meteora 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 famil…

Perps trading is now live on MetaMask, powered by Hyperliquid https://metamask.io/news/introducing-metamask-perps

By community request, Hyperliquid has listed MON-USD hyperps. You can now long or short the unlaunched Monad 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 familia…

Weekly update Product & Tech + See the posts above for Hyperliquid Labs' views on aligned quote assets, with a streamlined version here: https://hyperliquid.gitbook.io/hyperliquid-docs/hypercore/aligned-quote-assets + The onchain implementation for aligned quote assets is live…

Two responses. Firstly, the benefits of aligned stablecoins are substantial but by no means a requirement for a successful stablecoin deployment. Furthermore, many stablecoins that may not qualify for alignment will naturally have their own incentivization opportunities coming o…

Revised condition: The stablecoin is 1:1 backed by cash, short-term US treasuries, and tokenized US treasury or money market funds to the extent permitted under applicable regulatory frameworks. Aligned issuers must also provide par redemption at all times, with a publicly discl…

Offchain requirements, enforced through onchain quorum of validator votes: 1. The stablecoin is 1:1 backed by cash, short-term US treasuries, and tokenized US treasury or money market funds to the extent permitted under applicable regulatory frameworks. Aligned issuers must also…

The following post is from Hyperliquid Labs. Thanks to everyone who shared thoughtful responses to the proposed aligned stablecoins proposal. As a reminder, offchain conditions are ultimately voted upon by validator quorum, as any such conditions are not able to be reflected d…

By community request, you can now long or short $ZEC 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.…

By community request, you can now long or short $2Z 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.…

2Z spot deposits, withdrawals, and trading are now live on Hyperliquid through Unit Protocol. Deposit 2Z on https://app.hyperliquid.xyz/trade or https://app.hyperunit.xyz/ Trade spot 2Z at https://app.hyperliquid.xyz/trade/2Z/USDC

Thank you so much to everyone who came to the event in Sentosa yesterday. For many people, it was their first time in Singapore and first time attending any crypto event. We’re grateful to have such a passionate community contributing to Hyperliquid. It’s inspiring to see many…

Hypurr NFTs have been deployed on the HyperEVM. Participants had the opportunity to opt in to receive a Hypurr NFT after the HyperEVM went live as part of the Genesis Event in November 2024. The HyperEVM launched in February 2025 as the general programmability interface to the…

Hypurr NFTs have been deployed on the HyperEVM. Participants had the opportunity to opt in to receive a Hypurr NFT after the HyperEVM went live as part of the Genesis Event in November 2024. The HyperEVM launched in February 2025 as the general programmability interface to the…

Biweekly update Product & Tech + Permissionless spot quote assets are live on mainnet. Stablecoin deployers can enable quote asset status, subject to the onchain requirements outlined in the Docs. Any quote asset can be specified as the quote asset in the first spot pair of an…

By community request, you can now long or short $APEX 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…

The XPL hyperp has converted to a regular perp. You can now long or short $XPL 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…

XPL spot deposits, withdrawals, and trading are now live on Hyperliquid through Unit Protocol. Deposit XPL on https://app.hyperliquid.xyz/trade or https://app.hyperunit.xyz/ Trade spot XPL at https://app.hyperliquid.xyz/trade/XPL/USDC

HIP-3 on testnet is now available for mainnet level bug bounties. There are several medium severity "Easter egg" bugs intentionally left for people to find on testnet, as an added incentive for detectives to investigate. These "bugs" have simple fixes and will be resolved for ma…

The key factor is the effect of the deployer's actions on the protocol. Note that any bugs discovered are generously covered by the bug bounty program, provided such discoveries meet the terms of that program, including being responsibly disclosed without being exploited. These…

By community request, you can now long or short $HEMI 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…

As discussed in the Discord governance channel, validators will be voting on whether to delist OMNI and NEIROETH around 9:00 UTC on Sep 25.

A common question I’ve heard in Seoul is: what makes Hyperliquid special? I haven't found a way to distill it all into a sentence, but one reason that stood out to me the past few days is the culture of dreaming big and executing, while staying true to the original ethos of defi…

Upcoming events in Singapore for Token2049 Tuesday: Sep 30 + Ethena x Based networking: https://luma.com/1n19ixnn + Liquid networking at VUE: https://luma.com/36x7jxpj + Hyperliquid Labs community event: https://luma.com/hl-community. Note that this event will be extremely over…

By community request, you can now long or short $0G 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.…

By community request, you can now long or short $STBL with up to 3x leverage. Trading is on low leverage and isolated margin only. Listing is not an endorsement of the project. Past performance does not guarantee future results. Do not trade assets you are unfamiliar with and d…

By community request, you can now long or short $AVNT with up to 5x leverage. Trading is on low leverage and isolated margin only. Listing is not an endorsement of the project. Past performance does not guarantee future results. Do not trade assets you are unfamiliar with and d…

Proposal for permissionless aligned stablecoins [pending feedback, forwarded from governance forum] The Hyperliquid protocol will support “aligned stablecoins” as a permissionless primitive for stablecoin issuers to leverage Hyperliquid’s unique distribution and scale together…