Amelia.hl

[Amelia.hl @princessamele]

@coinvestasi .h

[Amelia.hl @princessamele]

@alex_hunter20 Loracle out here fishing with $HYPE as bait, hoping we pump it forever so he can finally get liquidated in peace😇

[Amelia.hl @princessamele]

@alex_hunter20 Loracle out here fishing with $HYPE as bait, hoping we pump it forever so he can finally get liquidated in peace😇

[jeff.hl @chameleon_jeff]

I spent the past few days in Washington with @hyperliquidpc meeting with policymakers during the historic advancement of the Clarity Act. We discussed Hyperliquid, the benefits that it offers to American consumers, and the regulatory path to bring onchain derivatives markets into the United States.

Some conversations were technical with an impressive baseline understanding of Hyperliquid. Discussions included how onchain trading is a financial innovation that has clear global user demand. Other conversations focused more on a first principles introduction to defi and the promise of onchain markets. It was encouraging to see bipartisan support for thoughtful regulation of crypto. I look forward to continuing discussions in DC and working hard to make American access to Hyperliquid a reality.

[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.

[Hyperliquid @HyperliquidX]

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.

[Amelia.hl @princessamele]

@reisnertobias Nothing to stop

[Austin King @AustinKing]

Hyperliquid just announced Portfolio Margining

But I don't think most people understand how important this is

When it was introduced in TradFi it added $7,200,000,000,000 to the derivatives market in just a few years

The Historical Context:
This used to be illegal. In 1934 the government mandated margin minimums (downstream of people getting insanely levered during the 1929 crash).

Like with many regulations, this was well intentioned but it was oversimplified and ultimately choked liquidity causing even more volatility in the future.

Why?

Because you can't run delta neutral strategies in a capital efficient manner. It doesn't matter if you're hedged, you need a huge lump of margin for each leg.

Eventually the CME introduced Portfolio Margining in 1988 which substantially lowered margin requirements based on an actual analysis of the total risk of one's combined positions (so hedged positions net one another out risk wise).

The messed up part? This was gate kept only to broker-dealers and market makers with exchange seats for nearly 30 years until finally in 2006 retail customers got access.

So what does all this mean for Hyperliquid?

The impact on liquidity growth:
They key thing here to understand is simple: you get far more Open Interest and Volume per $ of margin in the system.

Basically with this live, we get a substantial liquidity multiplier for every new $ of margin entering Hyperliquid.

But even more importantly:
Portfolio margining is an essential tool used by any large scale liquidity provider in traditional finance.

Without this, it simply would be uneconomical for larger scale TradFi players to provide liquidity on Hyperliquid because the returns per $ of margin would be so much lower than alternative traditional exchanges that allowed portfolio margining.

Basically all I've done for the past 6 months at @Nomina is hop on calls with people who are interested in using perp DEXs for user research and when I've talked with larger TradFi funds one of the most obvious roadblocks was inefficient margining systems.

There is more work to be done, but with this rollout one of the biggest issues I repeatedly heard cited will no longer be a blocker.

Higherliquid

[steven.hl @_stevenhl]

Portfolio Margin is now on testnet, the feature that allows for spot tokens to be used as collateral for perps positions.

HYPE is confirmed to be an eligible collateral asset.

Hyperliquid

[Amelia.hl @princessamele]

Almost there⏳
You know what to bet on..

Hyperliquid

[Amelia.hl @princessamele]

Nahh its not bottom yet until BTC hit 90k ish

[Amelia.hl @princessamele]

Nahh its not bottom yet until BTC hit 90k ish

[Amelia.hl @princessamele]

This is huge!

[Polymarket @Polymarket]

JUST IN: Hyperliquid deposits & withdrawals are now live on Polymarket.

[Amelia.hl @princessamele]

hyperliquid!

[Hyperliquid @HyperliquidX]

Powered by Hyperliquid

[Amelia.hl @princessamele]

Did I mess up sketching this chart? $XPL

[Amelia.hl @princessamele]

There is no second best.
Hyperliquid.

[Amelia.hl @princessamele]

@0xtimdev Add me to the list!

[Amelia.hl @princessamele]

House of All Finance!

[Hyperliquid News @HyperliquidNews]

1. Spot fees on quote assets will be reduced by 80%.
2. Validators will soon vote to choose which team will develop the stablecoin aligned with the Hyperliquid $USDH ecosystem.
3. Spot quotes will soon be permissionless with a minimum HYPE stake and a slashing system.

[Amelia.hl @princessamele]

@HyperliquidNews @unitxyz What a move from unit🔥

[Amelia.hl @princessamele]

Own the Casino.

[Vegas HL @Vegas_HL]

VEGAS Beta v0.12 is live.

- Navigation bar redesign (separate profile & wallet)
- Fixed critical all-in bugs
- Added auto check/fold
- Inactivity kick after 15 mins
- Cleaner wallet connection

& more...

https://t.co/RnkTcesyUI

[The White Whale @WhiteWhaleLabs]

Here’s What I Think Is Criminal: $HYPE still under $50

Disclaimer: I own a little over 10,000 $HYPE tokens staked to get discounts on trading fees. I don’t need you to pump my bags. Ever.

Most tokens rely on vibes and promises. $HYPE is different - its tokenomics are engineered like a cash-flow machine. Here’s why it might just be the most important design since Bitcoin

Aggressive buybacks & burns.

97% of all trading fees on HyperLiquid are routed to buy HYPE off the market. And we know HL has had so much usage they generate a TON of fees. Plus L1 gas fees are burned. As usage grows, supply literally contracts. Scarcity isn’t a slogan - it’s automatic and built in.

Utility is baked in.

HYPE isn’t just a governance chip. It powers gas on Hyperliquid’s L1, it’s staked to secure the system, and it gives traders fee discounts. Demand is tied to real usage, not speculation alone.

Hyperliquid is already a dominating force for perp DEX flow. More traders = more fees = more buybacks/burns = tighter supply = stronger incentive to hold and use HYPE.

The loop reinforces itself.

Bitcoin succeeded because its mechanics were simple, hardwired, and inescapable.

HYPE isn’t Bitcoin - but it borrows that same kind of structural inevitability. In crypto, that’s rare.

That’s why I think $HYPE’s tokenomics might be the next great design - not a marketing gimmick, but a system built to compound.

I think I’ll go buy some more now.