Hyperliquid Announcements

The Hyperliquid community event will take place on the evening of October 5, 2026 in Singapore: https://luma.com/HL2026Community This is a chance to spend time with the builders and users who've shaped the ecosystem over the past years. If you're with a project or institution, please share your team and role as well as social media handles when you register. The event will be extremely oversubscribed, so this will make it easier to review your request. Event details will be shared closer to the date.

Product & Tech + HIP-1 spot annotations and deployer labels are now supported. For details, see the API announcements channel + HIP-4 templates on testnet are pending builder feedback; see the API announcements channel + See Docs re: infra providers' peering services that builders can connect to: https://hyperliquid.gitbook.io/hyperliquid-docs/for-developers/nodes/foundation-non-validating-node-for-infra-providers Trading + Validators will vote on whether to delist VINE around 9:30 UTC on 26 Aug based on stalequant's methodology. If validators vote to delist an asset, the perps will settle to the 1 hour time weighted spot oracle price before the scheduled delisting voting time, and open orders will be canceled. Close any positions beforehand to avoid automatic settlement. After settlement, no new orders will be accepted. New Teams on HyperEVM & HyperCore + Base app integrated Hyperliquid perps via builder codes: https://x.com/baseapp/status/2090122188074491951 + Trezor added support for HyperEVM: https://x.com/Trezor/status/2090813911217946848 Community Highlights + POTUS mentioned Hyperliquid in a recent press conference: https://www.bloomberg.com/news/articles/2026-08-19/trump-opens-door-to-hyperliquid-as-us-pulls-crypto-trade-onshore

Product & Tech + Based on feedback, the HIP-1 spec will be extended. Existing deployers and teams interested in HIP-1 deployment are encouraged to share further feedback. For details, see the API announcements channel + Based on feedback, additional features for HIP-4 have been implemented. For details, see the message above + Hyper Foundation's non-validating node is open to high-quality infrastructure providers as a reliable peer. For details, see the API announcements channel Trading + HIP-3 markets reached a new ATH of $4.3B in open interest New Teams on the HyperEVM & HyperCore + Buoy Finance deployed a vault system for trading on HyperCore via HyperEVM custom vaults: https://x.com/BuoyFinance/status/2087948034206208083

Additional features for HIP-4 have been implemented: 1. Deployer actions now support registerAndAssociateNamedOutcomeFromTemplate which allows deployers to add additional named outcomes to a question after creation. The initial balances of the new named outcome match the outstanding fallback balances. See hyperliquid.gitbook.io/hyperliquid-docs/for-developers/api/hip-4-deployer-actions for details. 2. Template instantiations now require deployerFeeScale for questions and standalone outcomes. Similar to HIP-3, this is a multiplier on the base fee that deployers can configure to collect, bounded between 0 and 10. See hyperliquid.gitbook.io/hyperliquid-docs/trading/fees for more details on outcome fees. 3. shortString type hint has been added, which appears in templated side names so that interfaces can make useful assumptions about the respective fields. 4. Settlement details are now pruned from the L1 state. Applications depending on node API servers or read precompiles could separately index settlement details if needed in perpetuity. 5. Additional templates have been added to testnet. Template IDs are suffixed with an index. All but the largest index in each series are considered deprecated templates. On the next network upgrade, validator-deployed outcome markets will have fees enabled in preparation for point 2 above. The average outcome trading fee will be half that of non-outcome spot trading. See hyperliquid.gitbook.io/hyperliquid-docs/trading/fees for more details. The mainnet launch of HIP-4 will have conservative specs as a staged rollout. Initially, each deployer will be limited to 100 concurrent outcomes, with 500 outcome deployments per day. Once the tech is stabilized, deployer limits are expected to increase quickly to 1k concurrent outcomes and 5k deployments per day. Based on feedback, a design for further limit increases will be implemented.

Weekly Update Product & Tech + HIP-3 now supports a continuous spectrum of deployer fee scales from 0.1 to 3, and the fee scale is configurable per-asset. For details, see the API announcements channel Trading + HIP-3 markets reached a new ATH of $4.1B in open interest New Teams on the HyperEVM & HyperCore (in no particular order) + xStocks deployed tokenized spot assets on HyperCore: https://x.com/xStocksFi/status/2086865169620099119 + Carrot Funding yield protocol migrated to HyperEVM: https://x.com/carrotfunding/status/2085027453727072497 Community Highlights + ASXN made a dashboard comparing perps liquidity on different venues: https://x.com/asxn_r/status/2085742057315094666 + Hyperliquid Research Collective (HRC) has a new website with consolidated research on the HL ecosystem: https://x.com/HyperliquidR/status/2087113648133333342 + The Indonesia community is organizing an event in Bali on August 19: https://x.com/hyperliquid_idn/status/2084213985281462597 + The Brazil community organized their first event in Rio on August 11: https://x.com/HyperliquidXBR/status/2086794412089024908

Weekly Update Product & Tech + TWAP orders now support a) Longer running time: extended to 7 days b) Dynamic suborder intervals: suborder intervals are calculated from the total size and running time set, with 30 seconds as the minimum c) Lower minimum order size at $100 notional per TWAP order, with minimum notional per suborder still at $10 + The initial implementation of HIP-4 permissionless deployments is live on testnet. See https://hyperliquid.gitbook.io/hyperliquid-docs/for-developers/api/hip-4-deployer-actions for details. Additional features will be iteratively rolled out, including configurable fees and more testnet templates. Feedback is appreciated. New Teams on the HyperEVM & HyperCore (in no particular order) + HL Eco developed a HyperEVM explorer: https://x.com/hl_eco/status/2083891684136386860 + Mass App added onboarding options from any CEX to HyperCore: https://x.com/massdotmoney/status/2082455996820267465 Community Highlights + Panel recordings from HL Global's summit can be found on YouTube: https://x.com/HLglobal_/status/2081924713320964477

Weekly Update Product & Tech + TWAP orders now support trigger price and max/min price Trading + HIP-3 markets reached a new ATH of $3.9B in open interest New Teams on the HyperEVM & HyperCore (in no particular order) + Dune added support for HyperCore: https://x.com/Dune/status/2079916078961131615 + Oku integrated Hyperliquid perps via builder codes: https://x.com/okutrade/status/2079919154149171308 + Talis, an AI-based Hyperliquid trading app, is live on iOS: https://x.com/talistrade/status/2079978762028851632 Community Highlights + Bloomberg wrote about Trade[XYZ]'s CXMT market: https://www.bloomberg.com/news/articles/2026-07-27/asia-s-biggest-ipo-of-2026-puts-crypto-shadow-market-to-the-test

Weekly Update Product & Tech + Initial spec for permissionless deployment of outcome markets (HIP-4) was shared above + Chase limit orders were added to app.hyperliquid.xyz New Teams on the HyperEVM & HyperCore + Arkham added support for HyperCore: https://x.com/i/status/2078133490747392454 Community Highlights + HL Global organized an institutional summit on July 16 in New York: https://x.com/HLglobal_/status/2079012386024174038 + The Malaysia community is organizing an event on July 30 in KL: https://x.com/Hyperliquid_MY/status/2076124385480462425

HIP-4 (outcome markets) will support permissionless deployment in a future network upgrade, first on testnet and then on mainnet. As with spot and perp deployments, the technology for outcome markets required sufficient battle testing in a validator-deployed setting before scaling to permissionless deployment. Permissionless deployments are especially important for the growth of outcome markets. The possible universe of tradeable outcomes is vast. The number of suitable discrete events for outcomes dwarfs the number of underlying assets for perps and spot tokenization. To ensure markets are high quality and well defined, validators will vote on outcome templates, which HIP-4 deployers will be able to use as the basis for permissionless deployments. The specifications for the templates will be stored and enforced onchain. The set of templates will reflect outcomes that correspond to events with sufficient liquidity and interest. Templates will be constrained by validator vote to be healthy and unambiguous public goods for the ecosystem. Each HIP-4 deployer will be able to instantiate any template in their deployments. Deployers are responsible for defining and settling each market in accordance with the settlement criteria specified in the template’s instantiation. There is no restriction against multiple deployers deploying the exact same template instantiations. Canonical markets may still be deployed directly by validators from time to time, but these are expected to be rare. These canonical markets will be determined by validator vote, and ideally will represent fewer than 10 outcomes or questions per year. The staking requirement for HIP-4 deployers will be 500k HYPE. The staking requirement is subject to slashing by validator vote in case markets are poorly defined, settled incorrectly according to the template, or remain incorrectly unsettled for more than 1 week. As with HIP-3, deployer stake is locked for 6 months. To unstake, a deployer must settle all markets. Therefore, particular consideration should be given to very long dated outcomes. Initially, each deployer will have an allocation of 100 outcomes (200 outcome tokens). Multi-outcome questions may consume multiple allocated outcomes. When an outcome is settled, its allocation is freed and can be reused. An auction mechanism to expand the allocation per deployer will be introduced as a follow-up feature. HIP-4 deployers will be able to set up to 50% fee share on their deployed markets. Fee configurability will be released as a follow-up feature. As previously announced, only AQAv2 quote tokens are eligible for HIP-4. All specifications described above are preliminary and subject to change based on feedback. A future announcement will be made once permissionless deployment is available on testnet and the Docs are updated.

Weekly Update Product & Tech + See the API announcements channel re: updates to priority fees Trading + HIP-3 markets reached a new ATH of $3.6B in open interest + CASHCAT perps were listed + ANSEM spot trading, deposits, and withdrawals went live via Unit Protocol New Teams on the HyperEVM & HyperCore (in no particular order) + HyperLink prime broker went live, powered by Hyperliquid: https://x.com/hyperlink_xyz/status/2074544219197198647 Community Highlights + Jeff did a podcast with VALR re: their builder codes integration: https://www.youtube.com/watch?v=7FxR2AfQESI

By community request, you can now long or short $CASHCAT perps with up to 3x leverage. Trading is on low leverage and isolated margin only. Listing is not an endorsement of the project. Past performance does not guarantee future results. Do not trade assets you are unfamiliar with and do not understand the risks for. Exercise control. NFA. https://app.hyperliquid.xyz/trade/CASHCAT

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Weekly Update Trading + GRAM perps were listed New Teams on the HyperEVM & HyperCore (in no particular order) + VALR, Africa's largest crypto exchange by trading volume, integrated Hyperliquid perps via builder codes: https://x.com/VALRdotcom/status/2072587501009858702 + StableJack AI-trading integrated Hyperliquid: https://x.com/StableJack_xyz/status/2067246289570381878 Community Highlights + TradingView added support for Hyperliquid and Trade[XYZ] data: https://www.tradingview.com/blog/en/trade-xyz-and-hyperliquid-59210/

TradingView added support for crypto perpetuals, spot assets, and Trade[XYZ]’s real world asset markets on Hyperliquid. Users now have real-time visibility into 24/7 price discovery on the world's most-used charting platform. Use the symbol search and enter the HYPERLIQUID: or HIP3XYZ: prefix to access the new market data on TradingView. https://x.com/tradexyz/status/2072710245064040804 https://www.tradingview.com/blog/en/trade-xyz-and-hyperliquid-59210/

VALR, Africa's largest crypto exchange by trading volume, is using Hyperliquid as the onchain infrastructure layer to bring perpetuals to its users. This marks the first time a centralized exchange has integrated Hyperliquid directly. By building on Hyperliquid, VALR can focus on the experience and interface its users trust. Users benefit from Hyperliquid's deep liquidity and onchain transparency, while never having to leave the VALR platform. https://x.com/HyperliquidX/status/2072721677524644255 https://blog.valr.com/blog/valr-launches-200-hyperliquid-perps-markets

By community request, you can now long or short $GRAM with up to 5x leverage. Listing is not an endorsement of the project. Past performance does not guarantee future results. Do not trade assets you are unfamiliar with and do not understand the risks for. Exercise control. NFA. https://app.hyperliquid.xyz/trade/GRAM

Weekly Update Product & Tech + Portfolio margin is in beta with increased limits and is available for users with account value <$25M to use BTC and HYPE as collateral. + Please continue to share feedback on what functionality would be useful for frontend interfaces for trading, portfolio margin, etc. Trading + ARK, DOOD, and IP were delisted Community Highlights + A community member built Hypurr World, a virtual 3D lounge for Hypurr and friends: https://x.com/hypurrworld + Japanese community members are organizing a meet-up on July 14 in Tokyo: https://x.com/hypurrliquid_jp/status/2069371354290487409 + Hyper Foundation is giving approximately $10M in grants to builders impacted by the USDH sunset + Hyper Foundation donated to Security Alliance (SEAL)

Hyper Foundation is providing approximately $10M in grants to builders impacted by the USDH sunset to help offset migration costs and recognize the work involved in an orderly transition. The Foundation has contacted and is working directly with all eligible grant recipients. Grants are going to affected HIP-1 spot deployers, HIP-3 perp deployers, HyperEVM protocols, dedicated USDH:USDC bridges, and Native Markets. Migration grants go to teams that integrated USDH and are migrating their affected markets or deployments to USDC. Wind-down grants go to teams that integrated USDH and are winding down their USDH-dependent operations rather than migrating to a new asset. Wind-down grants are sized below what an equivalent migration would receive. Grant recipients commit to orderly migration and wind-down before the end of July. HIP-1 and HIP-3 grants are based on auction deployment costs. HyperEVM grants are based on USDH TVL affected by the sunset. If you hold USDH in a protocol that's migrating or winding down, follow any instructions from that protocol directly. Users can swap USDH on HyperCore for USDC on the spot order book (https://app.hyperliquid.xyz/trade/USDH/USDC) and swap USDH on HyperEVM for USDC 1:1 with no fees via Across (https://across.to/?from=hyperevm&to=hypercore&inputToken=USDH&outputToken=USDC-SPOT). Lastly, thank you again to the builders who built real markets and products using USDH, the users who supported USDH’s growth and development, and Native Markets for their pioneering work launching a novel, protocol-aligned stablecoin. The migration has been smooth so far because teams and the community have been actively engaged and responsible.

Validators will vote on whether to delist IP around 29 June at 9:30 UTC. IP is being rebranded to DATA by Story Protocol. If validators vote to delist an asset, the perps will settle to the 1 hour time weighted spot oracle price before the scheduled delisting voting time, and open orders will be canceled. Close any positions beforehand to avoid automatic settlement. After settlement, no new orders will be accepted.

Hyperliquid has been added to the MAS's Investor Alert List (IAL). IAL listing does not constitute a ban, an enforcement action, or a finding of wrongdoing. The IAL provides a list of entities that, based on information available to MAS, may be wrongly perceived as being licensed or in any other way authorised or regulated by MAS. Many large exchanges and defi protocols have been included on the IAL. Hyperliquid is permissionless infrastructure. It is not, and has never claimed to be, licensed or authorised by MAS, and no one should regard it as such. Nothing about the network has changed. As on other permissionless blockchains, users maintain self-custody at all times, and transactions settle transparently and fully onchain. The Hyperliquid ecosystem remains committed to engaging collaboratively and constructively with regulators and institutions globally and to supporting clear, well-designed frameworks for onchain finance.