Final reminder to review and accept the updated Terms of Use on https://app.hyperliquid.xyz/trade by EOD UTC today, April 13, to qualify for on mainnet.

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/TNSR

Weekly update Spot + Updated spot on testnet based on user feedback. As a reminder, testnet is constantly being updated to test out new features and is sometimes down or reset as a result. Please continue to share feedback as you poke around on testnet + For points holders to qualify for on mainnet, they need to have accepted the updated Terms of Use on app.hyperliquid.xyz by EOD UTC on April 13. Important: you must do this even if you have previously accepted the Terms of Use. You will be prompted to review and accept the Terms of Use when you connect to the website Perps + Listed perps for and + Converted $W from a hyperp to a regular perp Points + Week 22 of the points program ended on April 2 Product + Updated withdrawing from a vault to only cancel the orders that are needed to service the withdrawal instead of canceling all orders + Updated referral fee share: referrers now earn 10% of fees for each referred address between 25M-1B volume instead of 0% + Fixed bug with rounding precision in size field ATHs in Metrics + OI: $700M + Daily Active Traders: 16k

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/MNT

$W has converted to a regular perp following the listing of spot on centralized exchanges. You can now long or short $W with up to 5x leverage on cross margin: https://app.hyperliquid.xyz/trade/W

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/ENA

Weekly update Spot + Launched spot trading on testnet, see announcement above for more details. Thanks to everyone who has been testing it out so far and sharing their feedback in the Discord server! + Announced HIP-1 and HIP-2. For more information see the Docs: https://hyperliquid.gitbook.io/hyperliquid-docs/hyperliquid-improvement-proposals-hips and Python SDK: https://github.com/hyperliquid-dex/hyperliquid-python-sdk/releases/tag/0.3.0 Perps + Updated OI calculation from 1-sided to 2-sided + Listed perps for ETHFI Product + Improved TradingView chart: drawings should now save, there shouldn't be bugs with the x-axis, etc. The TradingView library was upgraded to a newer version, so any indicators you had may have been reset this one time, but the chart should work better and be less bug prone moving forward + Moved Place Order button and reduced notifications displayed at one time from 3 to 2, so users can continue clicking Place Order without interruption even on smaller screens + Added toggle to mobile trade page to remove order book display for users who prefer this view. Also made minor improvements to orderbook display on mobile + Updated mid button in limit price input field to round to passive side to make it easier to place resting orders at the top of the book when the spread is one tick wide + Added View All and Export as CSV buttons for Deposits and Withdrawals Points + Week 21 of the points program ended on March 26 ATHs in Metrics + OI: $650M ($325M using 1-sided calculation) + TVL: $340M + HLP pnl: $16M

The Hyperliquid L1 will support native spot trading, as well as two permissionless standards for native tokens: HIP-1: deploy native tokens and onchain spot order books HIP-2: “Hyperliquidity,” a novel mechanism to permanently commit liquidity to a spot order book for HIP-1 tokens. Hyperliquidity strategies run entirely onchain and synergize with users' order book liquidity. As with perps, the spot order book is entirely onchain. HIP-1 and HIP-2 are steps toward general purpose infrastructure with performant native components. The first spot launch is . There is no sale and no planned utility for . There are 1 billion total tokens, and this number will never increase. 50% of will be distributed proportionally to points holders. The remaining 50% will be permanently committed as Hyperliquidity on the /USDC pair. Once thoroughly tested, HIP-1 and HIP-2 will become part of the permissionless infrastructure on the Hyperliquid L1. While HIP-1 assets will be native to the Hyperliquid L1, the standard opens the possibility for bridges from other chains. is live on testnet, so users can familiarize themselves with how native spot assets work on the Hyperliquid L1. Once testing is complete, will launch on mainnet. The points snapshot for mainnet has already been taken and will include closed alpha points. The distribution on testnet is different and meant for testing only.

Happy points day! Points for week 20 have been distributed to 22k users. Hyperliquid hits new ATHs every week. Highlights this week include: + $15.7B weekly volume + $320M TVL + $15M all-time HLP pnl

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/ETHFI

Hyperliquid's all-time volume has passed $100B. Being the best onchain venue for perps is just the first step. In the coming weeks, more will be shared about how perps fit into the grand vision for Hyperliquid.

Weekly update Trading + Hummingbot integrated Hyperliquid. Here's their video guide on how to build automated trading bots that use Hyperliquid vaults: https://www.youtube.com/watch?v=F47wt0SprIk + Listed perps for FLOKI and BOME; delisted perps for STRAX Points + Week 19 of the points program ended on March 12 Product + Updated mobile order form to better match CEX layout based on user feedback + Added a warning if trying to place a limit or scale order >3% more aggressive than the best bid/ask price + Added more explanations to both sides of liquidations in the Trade History table + Misc UI improvements: added maker volume % and maker fee highlighting in fee schedule, fixed Binance sorting on funding comparison table, removed extra points row showing for regions with daylight savings, removed sound notification when switching between subaccounts/vaults, etc. ATHs in Metrics + OI: $300M + TVL: $280M + HLP pnl: $13M

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/BOME

Following up on the announcement to delist STRAX on March 15 - STRAX has been delisted. All outstanding open positions were settled at mark price, and open orders were canceled.

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

STRAX will be delisted on March 15 at 01:00 UTC. All positions will be settled at mark price, and open orders will be canceled. Close any positions beforehand to avoid automatic settlement. After settlement, STRAX-USD perps will be delisted, and no new orders will be accepted.

This week's update Trading + CCXT integrated Hyperliquid. CCXT provides a unified API for traders to write strategies that are portable across major CEXs in many programming languages: https://github.com/ccxt/ccxt + Listed perps for AR and MYRO Points + Week 18 of the points program ended on March 5 Product + Added funding comparison table to help funding arbers: https://app.hyperliquid.xyz/fundingComparison + Misc UI improvements: added vault to portfolio view and reverted to maintain master account view, add warning when copying vault or subaccount address to tell users not to send funds on Arbitrum/Ethereum, added order ID to Order History table Recap of network congestion on Feb 28 from 17:26-17:32 UTC + Refunds related to the network congestion were distributed to all users who confirmed. In total, >500 tickets were reviewed for the 6 minutes of degraded service. There are still a few tickets outstanding that were opened recently or haven't confirmed + Improvements were immediately implemented, including L1 optimizations for increased throughput, a more robust mark price formula, and improved HLP uptime during high volatility. Higher load in the ensuing days has gone smoothly. For more details on mark price, see https://hyperliquid.gitbook.io/hyperliquid-docs/trading/robust-price-indices ATHs in Metrics + Weekly volume: $15B + Daily volume: $3.5B + OI: $270M + Daily active traders: 14.5k + HLP pnl: $10M

Happy points day! Points for week 18 have been distributed to 20k users. New ATHs this week include: + $15B weekly volume + $3.5B daily volume + $270M OI + $250M TVL

In a bull market, there are many funding rate arbitrage opportunities. Use this tool to compare funding rates on Binance, Bybit, and Hyperliquid. Track your favorite tokens and capture the best opportunities. https://app.hyperliquid.xyz/fundingComparison

Driving billions in monthly volume, CCXT provides a unified API for traders to write strategies that are portable across major CEXs. Now, users who rely on CCXT for their infrastructure can also connect to the #1 perps DEX with >$3B daily volume.

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/MYRO

Points for week 17 have been distributed. New ATHs this week include: + $3B daily volume + $230M OI + 14k daily active traders

By community request, 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/AR

At Hyperliquid, 100% of trading fees have always gone to the community. The dev team has never received any portion of fees. https://x.com/HyperliquidX/status/1762235638374711649

This week's update Trading + Okto integrated Hyperliquid in their mobile app: https://x.com/Okto_app/status/1759925999393997013?s=20 + Adjusted funding rate formula from using the impact mid price to the one-sided impact price, which most CEXs use + Listed perps for PIXEL, AI, and TAO Product + Misc UI improvements: changed disable notifications setting to only include background fills, updated pnl ROE display, improvements to PWA connection, fixes for French translation, etc. API + Added scheduled cancel feature, also known as "dead man's switch" for automated traders (see Python SDK for details) + Increased maximum number of API wallets so users get 2 additional API wallets per subaccount to ensure no nonce collisions with new signing scheme ATHs in Metrics + Daily active traders hit 11.5k + HLP pnl reached $8M

Happy points day! Points for week 16 have been distributed to 22k users. New ATHs this week: + $8B weekly volume + 11.5k daily active traders + $7.5M all-time HLP pnl

By community request, you can 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/AI

Introducing: TWAP orders To place a TWAP order: 1. Select "TWAP" in the "Pro" dropdown in the order form 2. Set the total size of your order 3. Enter how long you want the order to run Read more in the Docs: https://hyperliquid.gitbook.io/hyperliquid-docs/trading/order-types

STRK has converted to a regular perp following the listing of spot on centralized exchanges: https://app.hyperliquid.xyz/trade/STRK

By popular 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/TAO