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
+ 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
+ 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

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.

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

Weekly Update

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

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.

By community request, $PONS perps have been listed with up to 3x 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/PONS

Weekly Update

Product & Tech
+ HIP-4 permissionless deployments were enabled on mainnet

Trading
+ PONS perps were listed; VINE perps were delisted
+ HyENA's HIP-3 dex is sunsetting. See information on market wind-down here: https://docs.hyena.trade/

New Teams on HyperEVM & HyperCore
+ Pumpfun added support for HyperEVM: https://x.com/Pumpfun/status/2092613331299291421

Community Highlights
+ Bloomberg wrote about Trade[XYZ]'s markets: https://www.bloomberg.com/news/articles/2026-08-24/the-500-billion-experiment-to-build-24-7-markets-on-blockchain
+ The Hyperliquid community event will take place on the evening of October 5 in Singapore. Please register here: https://luma.com/HL2026Community

Weekly Update

Product & Tech
+ Manual borrowing on HyperCore is live on mainnet. As a reminder, HyperEVM smart contracts can access HyperCore borrow/lend functionality from CoreWriter and read precompiles
+ HIP-3* spec was shared

New Teams on HyperEVM & HyperCore
+ Chainalysis added support for HyperEVM: https://x.com/chainalysis/status/2095568202663092401

Community Highlights
+ New Hypurr stickers were added to TG and Discord: https://t.me/addstickers/Hypurrliquid

By community request, $USELESS perps have been listed with up to 3x 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/USELESS

Manual borrows are live on Hyperliquid

Portfolio margin and manual borrows use the same underlying HyperCore infrastructure, with $269M in assets borrowed today.

Users can supply HYPE and BTC as collateral to borrow quote assets (USDC and USDT). Borrowed quote assets pay interest, and supplied quote assets earn interest, with rates set by utilization.

See the Support Docs for more: https://hyperliquid.gitbook.io/hyperliquid-docs/support/faq/manual-borrows

Trailing stops are now available for perp markets.

A trailing stop's trigger price follows the mark price as it moves in favor of the position. When the mark price retraces from its best level by the selected distance or percentage, it triggers a market order for the selected size. For long positions, the trigger price follows the highest mark price reached since activation; for short positions, it follows the lowest. An optional activation price determines when tracking begins. Without one, tracking begins immediately at the current mark price.

See the Support Docs for more.

Weekly Update

Product & Tech
+ Trailing stops are now available for perp markets. See the Support Docs for more: https://hyperliquid.gitbook.io/hyperliquid-docs/support/faq/trailing-stops

New Teams on HyperEVM & HyperCore (in no particular order)
+ 1inch deployed on HyperEVM: https://x.com/1inch/status/2098051597364334669
+ BitGo's self-custody wallet added support for HyperCore: https://x.com/BitGo/status/2098044479878074500

Community Highlights
+ The French community is organizing a meet-up in Paris on Sep 23: https://x.com/HyperliquidFR/status/2099465233018294519
+ HypurrCorea is organizing a day of events on Sep 28 in Seoul
a) Institution-focused seminar from 2-5:30pm: https://luma.com/eei081l4
b) Community dinner & mingle from 6:30-10pm: https://luma.com/5ltxvfi7
+ HypurrCo designed Hypurr NFT cards: https://x.com/hypurr_co/status/2099502182542524809

Open interest reached an all-time high of $18B on Hyperliquid

Note: Two-sided OI is calculated as the sum of long and short positions

Weekly Update

Trading
+ Open interest reached an ATH of $18B on Hyperliquid

New Teams on HyperEVM & HyperCore
+ DoubleZero Edge now supports Hyperliquid data feeds:
https://x.com/doublezero/status/2103122298253492244
+ Near Protocol deployed NEAR spot on HyperCore: https://x.com/NEARProtocol/status/2102469065822593316

Community Highlights
+ Jeff is speaking at KBW on Wednesday, Sep 30 from 11-11:20am
There will be many events organized by the community in Singapore during Token2049 week, including but not limited to:
+ Monday, Oct 5 from 6:30-10pm: Hyper Foundation community event: https://luma.com/HL2026Community
+ Tuesday, Oct 6 from 12-4pm: Kinetiq x DoubleZero networking event: https://luma.com/k9exlya9
+ Wednesday, Oct 7 from 11-11:35am: Jeff will be speaking at Token2049
+ Wednesday, Oct 7 from 3-7pm: Event.HL by HyperBeat & other teams: https://luma.com/3qsc5ehs
+ Thursday, Oct 8 from 11-4pm: HypurrCo Gathers: https://luma.com/mmrfj0pz

The Hyperliquid community event will take place on the evening of October 5 in Singapore: luma.com/HL2026Community

This is a chance to spend time with the builders and users who've shaped the ecosystem

The event is oversubscribed; you will only be able to attend if your RSVP was accepted. If your RSVP was accepted but you're no longer able to attend, please cancel your RSVP to make space for others

Weekly Update

New Teams on HyperEVM & HyperCore
+ papertrade is live on HyperEVM:
https://x.com/papertrade_xyz/status/2108852108766437759
+ Xverse integrated Hyperliquid perps via builder codes: https://x.com/xverse/status/2108041688925229554

Community Highlights
+ Thank you to everyone who was part of the HL Community Event! https://x.com/HyperliquidX/status/2109326236145287621
+ Jeff spoke at a fireside moderated by Shaunda at Blockworks DAS: https://x.com/shaundadevens/status/2107850028995985547?s=20
Other recordings will be shared once available by the respective organizers

Weekly Update

Product & Tech
+ See the API announcements channel for updates to write priority fees

New Teams on HyperEVM & HyperCore
+ Ensemble vaults are live on HyperEVM: https://x.com/ensembleio/status/2105313393393737951

Community Highlights
+ Jeff spoke about Hyperliquid on the Bloomberg Odd Lots podcast: https://x.com/TheStalwart/status/2110698207684813053
+ Jeff's fireside at Token2049 was uploaded to YouTube: https://www.youtube.com/watch?v=t5s7LICMJKE
+ Jeff spoke at DC Fintech Week in a fireside
+ Racing in Hypurr World got an update: https://x.com/hypurrworld/status/2112185455747993751