
Hyperliquid Bitcoin Dog
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Hyperliquid Bitcoin Dog
@BitcoinToSaveUs
GET 4% discounted trading fees on Hyperliquid with the code CHEAPFEES. Link here: https://t.co/qnKLmWKgIf #Hype #Bitcoin #SWC


As Project Crypto is now a joint initiative, aligning haircut treatment with @SECgov for registered entities represents yet another step toward in delivering clear, consistent rules of the road for market participants. Read the @CFTC staff’s new FAQs that clarify the staff’s views on haircut treatment for certain crypto assets and other questions ⬇️


Why did @bxunit delete his tweet about TradeXYZ’s exclusive deal with SPDJI as co-owners of the S&P 500 product? Does anyone have more information on this? Does this imply the deal isn’t actually exclusive? Would be great to get some clarity here.

The gap between $HYPE token price and @HyperliquidX platform revenue is at its widest level ever, indicating that markets now price it as a growth asset versus a value asset. 30D annualized revenue is down -34% while price up +40% since February. The market stopped pricing current fees and started pricing TAM. Only 7 of Hyperliquid's top 30 markets are crypto. The rest: oil, gold, silver, SPX. The revenue dip is crypto-cyclical while the market is pricing something else entirely.





Introducing Discovery Bounds V2 Discovery Bounds are price bands which restrict how far the mark price may deviate from the last externally derived fair price. The mechanism gives traders, market makers, and the broader market a clear and reliable off-hours framework, and has substantially facilitated the maturation of 24/7 trading. Today, we are introducing Discovery Bounds V2 starting with our CL and BRENTOIL markets only. Discovery Bounds V2 address two fundamental limitations of V1: (1) The bound width was mechanically coupled to maximum leverage. Increasing available leverage narrowed the band, and widening the band required reducing leverage. Two distinct risk parameters forced into a single value. (2) The bounds were static. If a market reached its limit, price discovery stopped until traditional markets reopened, regardless of whether the move was legitimate. Discovery Bounds V2 addresses both. Bound width is now independent of maximum leverage, allowing each to be calibrated to the risk profile of the instrument. Bounds are no longer static - when a market sustains activity at its limit, the oracle gradually catches up and the bounds reset, allowing further price discovery without requiring traditional markets to reopen. The safety properties of bounded off-hours trading are fully preserved. The new change is in effect for CL and BRENTOIL markets only. Future updates will expand the application of the Discovery Bounds V2, with each market having its own preconfigured discovery bound threshold and maximum number of steps. For more information: #how-discovery-bounds-work" target="_blank" rel="nofollow noopener">docs.trade.xyz/perp-mechanics…






HIP-3 Today: Where we are and where we're going Written by @0xBroze From oil to silver, we now have 24/7 onchain markets driving real price discovery, even when TradFi is closed. Major financial media (Bloomberg, WSJ…) are now paying close attention. And with S&P partnering with @tradexyz to launch the first official onchain S&P 500 perp, the signal is clear. This is no longer a narrative, it’s happening. hyperliquidr.xyz/post/hip-3-tod…
























