HyperliquidHyperliquid is an order book perpetual futures DEX – aspiring to do everything the best CEXs do, but fully decentralized. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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What is Hyperliquid
Hyperliquid is working to refine the DeFi user experience with an order book DEX for perpetual futures.
Developed with an emphasis on usability and functionality, Hyperliquid’s DeFi platform provides the ease of use of a centralized exchange (CEX), with a seamless UX, one-click trading and near-instant transactions. For more advanced traders, the platform offers partial take-profit (TP) and stop-loss (SL) orders and API support. Its native vaults open up market making and liquidation strategies to the community.
It supported zero fee trading for an initial 3-month period. Takers pay a flat 2.5 bps fee, and makers receive a 0.2 bps rebate, while referrers receive 10% of their referees’ taker fees. The remaining fees go to the Hyperliquidity Provider (HLP), a market making vault open to the community.
Unlike other protocols where fees accrue to a company or tokens held largely by insiders, Hyperliquid’s fees ultimately go to the community – actual users.
LegalRegistration year: 2022 |
Hyperliquid Roadmap
- Hyperliquid launches with offchain order matching on Arbitrum Goerli.
- Hyperliquid transitions to the Hyperliquid L1, supporting 20,000 orders per second with a fully onchain order book. Order matching is now onchain.
- Vaults open on testnet, including liquidation and market making vaults.
- Mainnet closed alpha goes live, including a referral rewards program and support for API trading.
- Mainnet closed alpha is live.
- Beta launch