We analyzed 1,111 Hyperliquid user vaults during October's crash (BTC: $120k→$104k).
The results? 87% survived operationally.
But the financial carnage tells a different story. 🧵
Full research: https://t.co/xR2COREwTP
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.
BTC's recent decline has brought price into territory we view as attractive for initial deployment.
We're now trading near the 200-week moving average historically a reliable support zone while experiencing accelerated forced selling. This combination creates what we see as compelling risk/reward.
Important: This doesn't signal a macro bottom. We're positioned for further downside and monitoring closely for additional entry opportunities.
Started building exposure with disciplined sizing. More updates as the picture develops.
Dashboard tracking some of the key business metrics across perps DEXs is now live on @DefiLlama. Full analysis will be published soon.
https://t.co/RHUGsFcth5
kHYPE is now live on Hyperliquid Spot, making it the first and only HYPE LST to do so.
kHYPE is paired with USDH by @nativemarkets, Hyperliquid's native stablecoin and can now be transferred seamlessly between HyperEVM <> HyperCore.
Heavily kHYPE on HyperCore coded.
https://t.co/A7utDuuRIM
Trade[XYZ] now enables anyone to trade perps on any asset, anytime. Stocks, indices, crypto, and more.
No off-hours, no holidays, just deep liquidity 24/7, 365.
Available now to all users in eligible locations on https://t.co/0pSGkVZKZy.
Since the start, Kinetiq was solely designed to elevate the Hyperliquid ecosystem by ensuring that the native network token, HYPE, becomes the perfect money lego, and we'll stop at nothing to achieve that. Kinetiq's success is synonymous with Hyperliquid's and aims only to be a critical part of the ecosystem where every user and builder can freely use and build atop of the most liquid and utilized staking protocol, and beyond.
The kPoints program ran for 13 weeks, distributing 800,000 kPoints per week from July 15th, to October 14th. Throughout this period, several addresses were identified in collaboration with industry-leading research partners that are believed to belong to sybils, and/or malicious entities engaging in harmful behavior to the protocol.
This has resulted in redistributing flagged kPoints, equating to a larger share to real users of the Kinetiq protocol.
Further, an additional 1,600,000 kPoints have been distributed for activity from October 14th to November 12th –– bringing the final sum of kPoints to 12,000,000.
Any new addresses that have qualified for kPoints throughout this period may now sign the @KinetiqFND Terms of Use before November 21st, 2025 at 20:00 UTC, in order to participate in the KNTQ genesis event.
TSLA-USDH perp is now live to trade on Hyperliquid
The perp market is deployed and managed by the Felix team (via HIP-3). The starting parameters of the market are the following:
>On hours pricing covers 9:30AM ET to 4PM ET to start (not accounting holidays), with plans to support pre-hours, post-hours, and beyond in the next iteration
>Off hours pricing involves a self-referential price that utilizes the local orderbook’s impact price, with price bands applied around the On hours last close
>The max leverage to start is 5x for positions of 0 - 1M and 3x for positions of 1M+
>OI cap set at 0.5M USD to start
USDH is the margin asset for Felix-deployed perp markets. Beyond the Hyperliquid cultural alignment, our goal is to offer tangible economic benefits / cost reductions to both takers and makers. USDH-margined perp markets will have the following upgrades after the aligned stablecoin proposal is deployed to mainnet: 20% lower taker fees, 50% better maker rebates, and 20% more volume contribution toward fee tiers. Furthermore, we are also introducing the Felix VIP program for further trader discounts. Users can reach out to the Felix team for more information on VIP.
Trade here: https://t.co/qcMRuQf7Ni
Docs can be viewed here: https://t.co/voopQoB7Dq
We analyzed 1,111 Hyperliquid user vaults during October's crash (BTC: $120k→$104k).
The results? 87% survived operationally.
But the financial carnage tells a different story. 🧵
Full research: https://t.co/xR2COREwTP
1 month post-crash update drops next week.👀
We tracked the same vaults to see what happened after the wipeout: recovery rates, TVL trends, and which strategies survived.
Update drops in 7 days. 🧵
We analyzed 1,111 Hyperliquid user vaults during October's crash (BTC: $120k→$104k).
The results? 87% survived operationally.
But the financial carnage tells a different story. 🧵
Full research: https://t.co/xR2COREwTP
We analyzed 1,111 Hyperliquid user vaults during October's crash (BTC: $120k→$104k).
The results? 87% survived operationally.
But the financial carnage tells a different story. 🧵
Full research: https://t.co/xR2COREwTP
3 lessons from $17M in destroyed capital:
1. Leverage on volatile assets = liquidation roulette
2. Directional concentration got punished
3. Recovery is rare—surviving the crash matters more than timing the bottom
Risk management isn't optional. It's survival.