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 extensive user demand in both of these areas, and builders will likely think of novel applications as well.
Outcomes bring non-linearity, dated contracts, and an alternative form of derivative trading that does not involve leverage or liquidations. The outcome primitive expands the expressivity of HyperCore, while composing with other primitives such as portfolio margin and the HyperEVM.
Outcomes are a work in progress and currently only being tested on testnet. Canonical markets based on objective settlement sources will be deployed once technical development is complete. Canonical markets will be denominated in USDH. Pending user feedback, the infrastructure will be extended to permissionless deployment.
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.
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.
@nitin_gadkari बात करो तो यह कहकर टाल देते हैं कि अपने बैंक या paytm से संपर्क करें😢।
महोदय मैं आपको सारे transaction की डिटेल्स दे सकता हूँ,और आप चाहे तो मेरी वाहन की ragistration नम्बर से भी ले सकते ह���ं,HR26AT7320 दिनांक 03/11/2019.
आशा करता हू�� कि भविष्य में इस तरह की
@nitin_gadkari आगे का सफर सुहाना लगता है क्योंकि हाईवे का काम full swing में है👍।
महोदय टोल प्लाजा पर लगने वाला जाम सारा मज़ा ख़राब कर देता है😢।
इसके अलावा फ़ास्ट टैग reader ठीक से काम नही करते हैं और दो बार पैसा काट लेते हैं, और उसकी शिकायत के लिए प्लाजा कर्मचारियों से
@nitin_gadkari अनुभव साझा करता हूँ
मैं अपने निवास ग़ाज़ियाबाद से सुबह 9 बजे moradabad की यात्रा शुरू करता हूँ,और सबसे पहले टोल पर तरकरीबन 60 मिनट wait करने के बाद मैं टोल प्लाजा पर फ़ास्ट टैग के माध्यम से पेमेंट करता हुआ आगे बढ़ता हूँ,
@nitin_gadkari श्री ��ितिन गडकरी जी,
आपको आपके प्रयास के लिए हार्दिक शुभकामनाएं देता हूँ और कृतज्ञ अभिनंदन व्यक्त करता हूं👍।
साथ ही फ़ास्ट टैग को mandatory करने की सराहना करता हूं, लेकिन आपका ध्यान फ़ास्ट टैग की कुछ malfunctioning की तरफ आकर्षित करना चाहता हूँ, मैं अपना recent