I’m excited to support the @HyperliquidPC launch. The Hyperliquid ecosystem needs a policy voice that represents our core values in DC. I’ve gotten to know @jchervinsky and seen his principled and unwavering support of defi over the years. There is no better person to advocate f…

The Hyper Foundation will contribute 1M HYPE tokens to support the creation of the Hyperliquid Policy Center. The tokens will be unstaked later today. The Hyperliquid community will benefit from having representation in Washington, D.C., and we are confident that under Jake's…

We are Hyperliquid Policy Center. HPC is a research and advocacy nonprofit focused on advancing a clear path for decentralized finance to thrive in the USA. We will introduce policymakers to @HyperliquidX and bridge the gap between law and next-generation market infrastructure.

Weekly Update Product & Tech + Cross margin has been enabled for HIP-3 DEXs on testnet and is eligible for mainnet-level bug bounties. See more details in the previous announcement Trading + AZTEC perps were listed New Teams on the HyperEVM & HyperCore (in no particular order…

Cross margin for HIP-3 For users: Cross margin has been enabled for HIP-3 DEXs on testnet. This is not enabled on mainnet yet, but is eligible for mainnet-level bug bounties as described here: https://hyperliquid.gitbook.io/hyperliquid-docs/bug-bounty-program. HIP-3 deployers m…

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. NF…

On app.hyperliquid.xyz, the default USDC deposit option for unified account users is now CCTP instead of the Arbitrum bridge. There is no change for users not using unified account. All users can choose from available USDC options in the Deposit and Withdraw flow. This is part…

Weekly Update Product & Tech + HyperCore will support outcome trading (HIP-4), a primitive that enables options and prediction markets. Development is currently underway on testnet + app.hyperliquid.xyz now defaults new accounts to unified account mode, which merges spot and pe…

In the next few days, app.hyperliquid.xyz will default new users to unified account mode. There is no breaking change for existing users, but the change will apply to new sub-accounts created by existing users. As a reminder, spot and perps balances are merged under unified acco…

HyperCore will support outcome trading (HIP-4). Outcomes are fully collateralized contracts that settle within a fixed range. They are a general-purpose primitive that are useful for applications such as prediction markets and bounded options-like instruments. There has been ext…

Weekly Update Product & Tech + Unified account mode is live on mainnet and merges spot and perps balances for each quote asset. This is a prerequisite for supporting cross margin for HIP-3 DEXs and completing the portfolio margin implementation. See previous announcement for de…

Since last week, HIP-3 markets reached new all-time highs of $1B in open interest and $4.8B in 24-hour volume.

“Unified account” mode is live on mainnet for pre-alpha testing. Unified account is an improved account setting in which spot and perps balances of all quote assets are merged. Unified account mode has been a much requested feature in its own right, and is also a prerequisite fo…

Weekly Update Product & Tech + Misc UX improvements to Portfolio Margin. Please continue testing and sharing feedback on Portfolio Margin; note that it is still in pre-alpha with low caps Trading + Dreamcash (cash) deployed their HIP-3 dex with USDT perps + HIP-3 OI reached an…

Hyperliquid has quietly achieved an important milestone of becoming the most liquid venue for crypto price discovery in the world. See below for side by side comparison of BTC perps on Binance (left) and Hyperliquid (right). With HIP-3 teams leading the way, Hyperliquid has als…

HIP-3 open interest reached an all-time high of $790M, driven recently by a surge in commodities trading. HIP-3 OI has been hitting new ATHs each week. A month ago, HIP-3 OI was $260M.

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.…

Weekly Update Product & Tech + As part of mainnet pre-alpha portfolio margin, enabled USDH as borrowable and UBTC as collateral. See previous announcement for details + Various updates to HIP-3 deployers based on deployer and user feedback. See the API Announcements channel for…

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…

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.…

As part of mainnet pre-alpha portfolio margin, USDH has been added as borrowable, and UBTC has been added as collateral. To recap, the initial limits for pre-alpha are: + Master account >$5M in weighted volume required before enabling portfolio margin + USDH: 5M USDH global sup…

The hyperp has converted to a regular perp. 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 f…

The hyperp has converted to a regular perp. 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…

By community request, you can now long or short perps 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…

Weekly Update Product & Tech + Misc UI improvements to app.hyperliquid.xyz token selector and Portfolio Margin mode. Please continue sharing any feedback on Portfolio Margin in the Discord server New Teams on the HyperEVM & HyperCore (in no particular order) + GlueX trading te…

Hyperliquid today looks very different from Hyperliquid a year ago. This time last year, the HyperEVM hadn’t even launched, and there were only a handful of early believers building exclusively on Hyperliquid. Now, there are hundreds of teams building, dozens of regional communi…

Update Product & Tech + The pre-alpha stage of portfolio margin and HyperCore lending went live on mainnet, allowing users to trade spot and perps from the same account without selling collateral. The pre-alpha stage has intentionally low caps as safeguards, with HYPE as the on…

Validators will vote on whether to delist FXS around 7:30 UTC on 6 January. FXS is being rebranded to FRAX. If validators vote to delist an asset, the perps will settle to the 1 hour time weighted spot oracle price before delisting, and open orders will be canceled. Close any p…

Integrity has always been one of Hyperliquid's core values. The house of all finance must be credibly neutral. This means no private investors, no market maker deals, and no protocol fees to any company. The initial state of any blockchain is a crucial part of its story that c…

Happy Holidays! Thank you to the community for your continued support as Hyperliquid builds toward housing all finance onchain. As a thank you to top traders and builders over the past year - if you see a button with a gift box emoji on the Portfolio page and would like to rece…