Gold, but it pays you.
Enhanced is now live on Ethereum with the PAXG Vol Income Vault.
Deposit Tokenized Gold, collect premiums in stablecoins every 14 days or compound your gold.
Pre-deposits are open now.
🚨 BREAKING: Hyperliquid just shipped a major HIP-4 deployer upgrade
• Deployers now get a permanent venue name (2–4 letters) at activation
• outcomeMeta attribution moved to a venue registry
• settleQuestion is dead → settleQuestion2
• question deployments via templates are live
Purrdict's launchpad + testnet combos are already updated and live. Deploy your own prediction market on testnet in one click 👇
https://t.co/BLyTFk8spS
Be a HIP4 deployer! Launch your own Prediction Markets. No Code. No Headache.
Stake 100 HYPE on Testnet and launch markets from our frontend for free!
Don't have 100 HYPE on Testnet? Send us a DM we got you!
https://t.co/6DpxtIEhnc
Introducing Aviya - Institutional Credit on Hyperliquid.
Aviya is a private, compliance gated credit venue built on Hyperliquid, designed to extend structured credit access to institutional participants.
The platform facilitates bilateral, fixed-rate financing, initially against HYPE collateral, with a roadmap to expand into additional asset classes over time.
As capital allocators increasingly engage with on-chain markets, access to predictable, structured credit becomes a requirement. Aviya is designed to meet this demand by offering a more controlled alternative to fully permissionless lending systems, while still leveraging the efficiency and settlement advantages of Hyperliquid’s infrastructure.
We view Aviya as a core component in the development of HyperLend as the credit layer of the Hyperliquid ecosystem, enabling capital formation, leverage, and structured financing across both native and future tokenized assets such as equities, commodities, fixed-income instruments and even the likes tokenised pre-IPO companies.
Over time, Aviya will serve as a gateway for institutional credit into emerging on-chain markets, including real-world and tokenized financial assets.
We are also pleased to deepen our collaboration with @HyperionDeFi, working together on institutional business development and capital formation.
Aviya represents a continued step toward integrating credit natively into the broader Hyperliquid financial system.
gLend.
Meet the Hyperbeat Pay Physical card.
Echo Mirror finish. 20 grams of polished stainless steel, scratch-resistant coating. Laser-engraved. Visa Signature.
Whitelist for pre-orders is now open. Learn more about it in the thread.
Introducing the Otomato app
After 2,000+ users on Telegram, we built the app we all wished existed:
Actionable alerts that tell you when to act BEFORE it's too late:
- Protocol security incidents
- Liquidation warnings
- Position out of range
- Limit orders filled
- Airdrop eligibility
See all your positions in one place with live APY, PnL, and smarter risk monitoring.
100+ alert types. 1,000+ protocols. FREE.
No wallet connection required.
Introducing Liquidation Score
Your past liquidations now earn you future rewards. Starting today, all Hyperliquid users are eligible to claim rewards for their past liquidations.
Claim your score now: https://t.co/XUd5a6e2FF
Road to the cheapest fees starts here today.
We are excited to work with ecosystem-aligned products to bring more users on-chain
Still more to come on this path but this gives all Silhouette users a massive leg up
Introducing the first $THB (Thai Baht) offramp on @HyperliquidX
Receive $THB in your Thailand bank account or any other $THB account within 5 minutes.
Liquid banking.
We're on a mission to shield everything and USDH markets are now covered 🥷
All future shielded markets we support will have both USDH and USDC as quotes.
Which should we add next?
Where is Hyperliquid today?
Stepping out of the day to day, was thinking briefly on the past 3 months of Hyperliquid and how the perps / exchange / L1 / DeFi playing fields at large seem to have continued to shift drastically without much noise--a quiet winter of sea change for HL to capitalize on. Most will remember the timeline noise around the "end of HL dominance" in December 2025 pre-Lighter TGE, during Aster incentive waves. Now that that noise has faded and the market continues to quiet, we can assess where HL has emerged over the past 3 months:
If we add Hyperliquid's underlying OI today with the HIP-3 ecosystem OI on top, HL still tops the nearest perp DEX by ~$5bn OI today or about 3.5x. Hyperliquid's perps market share vs Binance sits at ~11.5%, down slightly from an all-time high of ~13% in early February. Still a ways to go and much more growth to be had.
There are now 22 builder code apps that have done over $100m in volume and 6 that have done over $1bn in volume, with Metamask and Rabby both likely to cross $1bn HL builder code volume as well either this month or next.
HIP-3 has now processed >$90bn in volume with 6 active HIP-3 perp deployers and 113 active markets. These markets (particularly the GOLD, SILVER, and OIL markets) have generated major attention (@business, @CNBC, etc.) over the past 3 months with the volatility across these assets that could be traded on Hyperliquid while tradfi exchange were closed. Cross margin for HIP-3 was enabled in February as well, which will hopefully allow deeper liquidity and more flows in the months to come from traders looking to take advantage of 24/7 markets.
HYPE has been an asset of stability in the wake of a bear market across crypto assets. In the past 3 months, SOL is down 34%, XRP is down 31%, ETH is down 32%, BTC is down 21%, and HYPE is down 1%. Real revenue (annualized now at ~$780m) and continued Assistance Fund buybacks (AF now holding over $1.27bn in burned HYPE supply) have certainly helped.
And as far as what's to come for HL at large, we now await the launch of outcome markets on Hyperliquid via HIP-4, the full rollout of Portfolio Margin (currently in pre-alpha phase), more stealth builder code apps coming online to bring HL to net new users globally, and regulatory work being done by @HyperliquidPC to expand HL's footprint in the US and beyond.
TLDR: It's been quite a past few months even with the relative quiet of a market where BTC is down 44% from ATH. But we carry on
Stats-wise:
>Total HL perps volume: $4.001tn
>Perps volume last 3 months: $209bn
>Perps market share vs CEXes: 5.4%
>Total OI: $5.78bn
>Total HIP-3 volume: $90.8bn
>HyperEVM TVL: $2.3bn
>Stables on HL: $4.5bn
hype tge was on nov 29, 2024
the 1-year anniversary is 2 weeks away
are we expecting anything this year?????
will jeff bless us w airdrop 2 on the same day
nov 29, 2025??????
Congratulations to @tradexyz, @ventuals, and @felixprotocol on their HIP-3 launches!
It's exciting to see things come together after months of hard work building on the core protocol and deployer sides. Permissionless perp deployments are a massive step in Hyperliquid's journey to house all of finance.
On Hyperliquid, hungry and ambitious builders step up to reinvent core pillars of finance. Perps will bring unprecedented capital efficiency and price discovery to global markets. HIP-3 empowers any builder to upgrade financial markets by leveraging Hyperliquid's battle-tested onchain infrastructure.
Thank you to the builders working to push the frontiers of onchain finance. Thank you to the users for being there from day one with your support.