Hyperliquid Re-poster

In response to significant requests from our community, HyperCore is moving forward with the support of outcome trading as outlined in HIP-4. These fully collateralized contracts, which settle within a determined fixed range, serve as a versatile primitive. They are particularly well-suited for powering applications such as prediction markets and instruments resembling bounded options. We anticipate that builders will also devise innovative uses for this technology beyond these immediate areas of high demand.

The introduction of the outcome primitive significantly enhances the expressive range of HyperCore. It offers a unique approach to derivative trading that eliminates the need for leverage and removes the risk of liquidations, while simultaneously introducing dated contracts and non-linearity. Furthermore, this feature is designed to work in concert with other system primitives, including the HyperEVM and portfolio margin.

Development of these outcomes is currently in progress, and functionality is limited strictly to the testnet for the time being. Once we finalize the technical aspects, we will deploy canonical markets anchored by objective settlement sources, all of which will be denominated in USDH. We also intend to expand the infrastructure to allow for permissionless deployment in the future, subject to the feedback we receive from users.

A recent boom in commodities trading has propelled HIP-3 open interest to a record-breaking $790M. This continues a pattern where HIP-3 OI sets new all-time highs on a weekly basis. For context, this figure stood at $260M just a month ago.

As requested by the community, you can now long or short $SKR perps with up to 3x leverage.

As requested by the community, you can now long or short $DASH perps with up to 5x leverage.

Responding to community requests, you can now long or short $AXS perps with up to 5x leverage.

The LIT hyperp has converted to a regular perp, allowing you to long or short $LIT with up to 3x leverage.

The FOGO hyperp has transitioned to a regular perp. You are now able to long or short $FOGO utilizing up to 3x leverage.

Responding to community requests, you can now long or short $XMR perps with up to 5x leverage.

Wishing you joyful holidays!

We sincerely appreciate the unwavering support from our community as Hyperliquid strives to integrate all financial activities onchain.

In response to community interest, Hyperliquid has introduced LIT-USDC hyperps. Users now have the opportunity to take long or short positions on the yet-to-be-launched Lighter token, utilizing leverage of up to 3x.