wuji.hl
515 posts






Introducing: Locked Collateral Margin on Vest Vest is more than just a perpetuals DEX, it’s a novel approach to building a more capital efficient, trustless, composable financial ecosystem. From perpetual DEXs to borrow lend markets, Vest’s goal is to make risk composable and transparent across an entire system of financial products, allowing participants to better price risk and optimally manage their capital. Today Vest is launching Locked Collateral Margin, allowing users to access margin collateral on Vest Exchange using their locked assets. To request access to Locked Collateral Margin on Vest, navigate to the PORTFOLIO page on Vest Exchange and click “Locked Collateral Margin” to provide information about the locked assets you wish to use to access margin. Locked Collateral Margin is the first step towards providing additional collateral flexibility on Vest Exchange - part of Vest’s commitment towards unlocking capital efficiency for traders and institutions. Have questions? Contact the Vest team in Discord or reach out through the Vest platform.

#Hyperliquid may be on track to become #FTX 2.0. The way it handled the $JELLY incident was immature, unethical, and unprofessional, triggering user losses and casting serious doubts over its integrity. Despite presenting itself as an innovative decentralized exchange with a bold vision, Hyperliquid operates more like an offshore CEX with no KYC/AML, enabling illicit flows and bad actors. The decision to close the $JELLY market and force settlement of positions at a favorable price sets a dangerous precedent. Trust—not capital—is the foundation of any exchange (CEX and DEX alike), and once lost, it’s almost impossible to recover. Moreover, the platform's product design reveals alarming flaws: mixed vaults that expose users to systemic risk, and unrestricted position sizes that open the door to manipulation. Unless these issues are addressed, more altcoins may be weaponized against Hyperliquid—putting it at risk of becoming the next catastrophic failure in crypto.




The HyperEVM is live. This is a major step toward the vision of housing all finance by bringing general-purpose programmability to Hyperliquid’s performant financial system. The initial mainnet release of the HyperEVM includes: 1. HyperEVM blocks built as part of L1 execution, inheriting all security from HyperBFT consensus. 2. Spot transfers between native spot HYPE and HyperEVM HYPE. As a reminder, HYPE is the native gas token on the HyperEVM. 3. A canonical WHYPE system contract deployed at 0x555...5 for defi applications. The source code can be found at hyperliquid.gitbook.io/hyperliquid-do… Effective immediately, the bug bounty program will pay mainnet bounty amounts for reports within the scope of the points above. See hyperliquid.gitbook.io/hyperliquid-do… for details. For API and wallet users: the mainnet HyperEVM has chain ID 999. A JSON-RPC server for the mainnet HyperEVM is hosted at rpc.hyperliquid.xyz/evm. Node operators and other builders are encouraged to host their own RPC servers. Tooling and analytics around mainnet HyperEVM may not be polished on day one. However, there are many talented builders working to solve these developer pain points. To help with these efforts, raw HyperEVM block data is streamed realtime to S3 so that running a node is not required to index the HyperEVM. More technical details can be found here: hyperliquid.gitbook.io/hyperliquid-do… General ERC20 native transfers and precompiles will be enabled on a future network upgrade. Any ongoing feedback for these features on testnet is greatly appreciated. While these features are implemented on testnet, the mainnet releases are staggered for minimal disruption to existing users on the L1. The HyperEVM is composable with the L1 state while not affecting the low latency trading experience of existing users. Thank you to all the builders and users who have shared feedback on testnet so far. It will be exciting to see new applications leveraging and building upon the existing onchain financial system of Hyperliquid.













