We're sunsetting Racks. Please withdraw your assets from the platform as soon as possible.
Racks was the most degenerate fun we've ever had - 1000x leverage on $BTC for 1 minute. It gave everyone the potential to make or lose generational wealth very quickly - a fair chance to change your life.
We achieved $3bn in trading volume in 3mo from no marketing spend, and were the #1 on-chain options exchange for 90 days - initial growth was explosive. The team simply wasn't capitalized to continue to drive development and growth.
The Racks team will continue to explore ways to expand Hyperliquid and push the limits of finance. Thank you for being a part of this journey with us 💜
See you in the orderbook 👀
We're sunsetting Racks. Please withdraw your assets from the platform as soon as possible.
Racks was the most degenerate fun we've ever had - 1000x leverage on $BTC for 1 minute. It gave everyone the potential to make or lose generational wealth very quickly - a fair chance to change your life.
We achieved $3bn in trading volume in 3mo from no marketing spend, and were the #1 on-chain options exchange for 90 days - initial growth was explosive. The team simply wasn't capitalized to continue to drive development and growth.
The Racks team will continue to explore ways to expand Hyperliquid and push the limits of finance. Thank you for being a part of this journey with us 💜
See you in the orderbook 👀
We've shipped a major upgrade that should allow market makers to quote tighter spreads 📈
Enjoy the higher probability of winning 🏆
This upgrade includes...
Backend upgrades for tighter spread quoting ✅
Clearer trade history ✅
Smoother deposits and withdrawals ✅
Many minor frontend bug fixes ✅
There is no Bull Market,
There is no Bear Market.
There is only Trump’s Market and he decides which way we go depending on how he’s feeling that day lol.