NewsBriefs - Hyperliquid lists PUMP-USD hyperps with up to 3x leverage

Jul 10, 4:23 AM Hyperliquid

Hyperliquid lists PUMP-USD hyperps with up to 3x leverage

Hyperliquid has launched PUMP-USD hyperps, offering users the ability to long or short the upcoming PUMP token with up to 3x leverage. Hyperps, which operate like perpetual contracts, do not require external oracles for price determination, relying instead on a funding rate connected to the mark price's moving average. This structure aims to provide more stable prices and reduce manipulation risks, especially critical in pre-launch futures trading environments. Traders should be cautious of potential risks, including low liquidity and high volatility.

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• Jul 11, 11:18 AM Cointelegraph

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• Jul 10, 4:23 AM Hyperliquid

  Hyperliquid lists PUMP-USD hyperps with up to 3x leverage

  Hyperliquid has launched PUMP-USD hyperps, offering users the ability to long or short the upcoming PUMP token with up to 3x leverage. Hyperps, which operate like perpetual contracts, do not require external oracles for price determination, relying instead on a funding rate connected to the mark price's moving average. This structure aims to provide more stable prices and reduce manipulation risks, especially critical in pre-launch futures trading environments. Traders should be cautious of potential risks, including low liquidity and high volatility.

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• Jul 7, 8:25 PM The Block

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• Jul 3, 9:12 PM Decrypt

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• Jul 2, 9:19 PM Bitcoin Sistemi

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