Windsurfer.hl

[jeff.hl @chameleon_jeff]

Excited to see everyone come together for this historic moment. AQAv2 brings the protocol-aligned stablecoin model that @Nativemarkets trail-blazed to USDC with @Coinbase and @Circle's commitment to Hyperliquid. The community no longer has to choose between liquidity and alignment.

Our industry will face adversity as we continue to grow. It gives me hope seeing titans of the industry come together to build for users and bring all of finance onchain.

[trade.xyz @tradexyz]

S&P Dow Jones Indices and trade[XYZ] have joined forces to launch the first official S&P 500 perpetual contract, available exclusively on Hyperliquid.

For 69 years, the S&P 500 has been a defining reference point for global finance. Until now, access to that benchmark has been shaped by market hours, intermediaries, and geography. Today, that changes.

The S&P 500 perp is now available 24/7/365, anchored by the official index data required for deep liquidity and institutional confidence at scale. 

SPDJI helped define modern indexing. They are stewards of an iconic benchmark, the standard against which portfolios across the globe are measured. We are honored to bring that legacy on-chain.

Trade[XYZ] is bringing the world's most iconic assets towards a future of global, continuous markets — a future powered by Hyperliquid.

[Hyperliquid @HyperliquidX]

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 communities with local events, and trillions more in volume traded.

This was achieved without any external funding and giving all protocol fees to the community. Hyperliquid was built with a strong belief in returning to the core ethos of crypto  -  changing entrenched and predatory practices to be fair and permissionless.

This art piece is meant to celebrate Hyperliquid’s growing ecosystem and commemorate how far we’ve come as a community in building the house of all finance. You’ll find many of your favorite apps and teams interwoven in the piece if you zoom in. A special thank you to @Degen_Alfie for bringing the community to life. Many great teams didn’t make it due to limited space and time, but your contributions have not gone unnoticed!

Notable product and tech releases in 2025 included:
+ HyperEVM launch with HyperCore composability via precompiles and CoreWriter
+ Spot assets bridged by Unit
+ Fully permissionless validator set
+ Native utility to staking, with fee discounts for traders and permissionless HyperCore deployment capabilities for builders
+ Permissionless spot quote assets
+ Hypurr NFTs
+ USDH governance vote and launch by Native Markets
+ HIP-3 permissionless perp deployment
+ Native USDC integration
+ Portfolio margin pre-alpha launch
+ Assistance Fund HYPE officially burned

Compared to 2024, ATHs in 2025 reached:
+ $32B in 24h volume from $15B in 2024
+ $16B in open interest from $4B
+ $6B in TVL from $2B
+ $20M in 24h protocol revenue from $3.5M
+ 1.4M users from 300k

Excited to see what the ecosystem looks like another year from now. Thank you to all the builders, users, and supporters who have come together to push forward Hyperliquid’s vision.

[jeff.hl @chameleon_jeff]

Hyperliquid’s fully onchain liquidations cannot be compared with underreported CEX liquidations

Hyperliquid is a blockchain where every order, trade, and liquidation happens onchain. Anyone can permissionlessly verify the chain’s execution, including all liquidations and their fair execution for all users. Furthermore, anyone can verify the solvency of the entire system in real time. Transparency and neutrality are key reasons that fully onchain defi is the ideal infrastructure for global finance.

Some CEXs publicly document that they dramatically underreport user liquidations. For example on Binance, even if there are thousands of liquidation orders in the same second, only one is reported. Because liquidations happen in bursts, this could easily be 100x under-reporting under some conditions. Source below.

Hopefully the industry will see transparency and neutrality as important features of the new financial system, and others will follow.

[Windsurfer.hl @0xWindsurfer]

@duonine @hypurr_co It was @HyperFND who launched Hypurrs, not @hypurr_co which is a community initiative.

[Windsurfer.hl @0xWindsurfer]

@asparagoid hey Susie

[Windsurfer.hl @0xWindsurfer]

@RUG_on_HL gRUG

[RUGMAN on Hyperliquid @RUG_on_HL]

COMING SOON™

to a Hyperliquid near you

[Windsurfer.hl @0xWindsurfer]

@stalequant those fucking ghetto ass binaries on gh

[Binance.US 🇺🇸 @BinanceUS]

The $HYPE is real.

Spot trading for @HyperliquidX is coming soon to https://t.co/AZwoBOh0gq. Follow us to get notified when our new listing goes live.

[Windsurfer.hl @0xWindsurfer]

@JustSsdp @HyperliquidNews Will drop, just today they halved small block times, so kinda double throughput
Progressively scaling

[RUGMAN on Hyperliquid @RUG_on_HL]

LADIES AND GENTLERUGS!!!

we are PROUD to present 'RUGLIFE'
RUGMAN's very own NFT collection!
COMING SOON to a Hyperliquid eco near you

[Windsurfer.hl @0xWindsurfer]

@RUG_on_HL All my homies love the Ruglife
LFG

[jeff.hl @chameleon_jeff]

Excited to see the world's most popular stablecoin on Hyperliquid!

Enabling permissionless and fully customizable multi-chain assets was one of the key motivations for the HyperEVM. It's great to see the USDT0 and LayerZero teams provide a seamless and secure product for all Hyperliquid users.

Users can mint USDT0 from various source chains without needing to make a pit-stop on a required chain before bridging. Indeed, USDT0 is secured by the LayerZero protocol without need for a custom smart contract bridge.

From the builder's perspective, USDT0 highlights the power of the HyperEVM as a general-purpose interface into the entire Hyperliquid blockchain. USDT0 plugs into the HyperEVM as another EVM chain in its multichain network. The magic is that once the ERC20 tokens are minted on the HyperEVM, they are seamlessly composable with HyperCore without ever leaving Hyperliquid.

As HyperCore features expand to multiple collateral assets, they will apply to USDT0 as a first-class spot asset on HyperCore. At the end of the day, users get the best of both worlds: functionality on the full suite of Hyperliquid features and a secure, battle-tested omnichain onramp experience.

[Windsurfer.hl @0xWindsurfer]

@Henrik_on_HL You forget the main reason: @hypurr is extremely cute

[Windsurfer.hl @0xWindsurfer]

@autisthyper Hypaliqud.

[Windsurfer.hl @0xWindsurfer]

@0xcarnation @TheLlamaBro You can move many assets already, for example HYPE, feUSD, PURR, BUDDY, uBTC and a few others. But USDC is still not movable, mainly because it is not native as @circle didn't officially deploy on HL yet...
USDT0 coming I guess in the next few weeks maybe

[Windsurfer.hl @0xWindsurfer]

@0xnutzs @androolloyd They clarify that numbers are not finalized, so maybe 1mm staked hype may not end in mainnet. But agreed with your pov

[Hyperliquid @HyperliquidX]

The new fee system and staking tiers will go live on May 5 at approximately 03:00 UTC.

To recap, changes include:
+ Staking HYPE lowers trading fees
+ Separate fee schedules for perps vs spot
+ Spot volume counts double toward your fee tier

Staking and trading account linking is now available on testnet. This allows users to apply the staking discounts from one account to a different trading account. This is expected to go live shortly after the new fee system and staking tiers.

For more details on fee changes as well as staking account linking, see the Docs: https://t.co/RRUtJEH5WP

[Windsurfer.hl @0xWindsurfer]

@autisthyper Autizam