It's here! @HyperliquidX x @boros_fi
2 new markets, BTC and ETH - with 1 hour funding intervals
I am short ETH rates again
- Funding is flat right now on HL, annualised rates are 10.95% APR
- Implied rates are almost 10% APR, that's only a 10% APR if rates remain the same. Historically on the Binance markets, never really saw anything as close to underlying rates.
- I can profit as long as implied rates drop below 9%
- Historically, rates went negative on 3 seperate occasions in the last 2 weeks
- If that can happen again, I think implied rates drop and I can profit
TLDR - downside is capped, upside is potentially big (Yes, It's like buying a call option on HL ETH perp rates to drop in the next month)
Can we make 10-20% on this trade in the next 1 week?
Wajahat Mughal
Update to my @pendle_fi x @boros_fi trading series
On the 5th we saw some wild spikes on rates. I took advantage here and exited my longs.
- The move was super fast, looked like a few players were longing and causing the increase in price
- Funding rates were flipping positive again but usually implied rates take a little while longer to price in, it just felt a little too fast for me
- High 7's is good enough risk wise to exit or at least begin exiting. I personally felt better to just de-risk.
Managed to take a screenshot below to show what my position looked like at the time.
Fortunately I did close because this went all the way back down as funding rates went from -10%, to 10%, then back to -8% all within a couple hours.
Since then prices have been up-trending slowly although I've been on the sidelines now sitting flat on ETH.
If there is anything for me to trade atm, it'll be shorting BTC rates in the mid to high 7's.
Until then I'll be waiting for a better trade opportunity - Hyperliquid markets will certainly add to the vol and fun.
Keisan.hl
$GEMI (Gemini) IPO'd today and is trading at a $5 billion market cap
The company is unprofitable and declining in revenue. On a revenue multiple (which is ridiculous to even do) they are trading at a 35x
What do you think happens when Wall St. discovers $HYPE?
Hyperliquid
Wals
All @HypioHL NFT holders have now been granted access to @kopshype
Connect your wallet holding a Hypio and reap the benefits of 3x Donuts exposure on your passive $HYPE farming via KOPS.
Welcome to KOPS, Hypios. It's time to feast 🍩
Hyperliquid.
KOPS AI
KOPS x @HypioHL
Hypio's have been here since day one, so it’s only right we show love.❤️
We’re giving Hypio holders exclusive KOPS access AND a 3x Donut boost when farming with KOPS.🍩
Hold a Hypio NFT? Just connect your wallet and you’re in.
Start farming instantly👇
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
Hyperliquid is a performant L1 optimized from the ground up. The vision is a fully onchain open financial system with user built applications interfacing with performant native components, all without compromising end user experience. The flagship native application is a fully onchain order book perpetuals exchange, the Hyperliquid DEX.
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 7.8K new posts about Hyperliquid, driven by 4K contributors, and total online engagement reached 1.6M social interactions. The sentiment score for Hyperliquid currently stands at 81%. Compared to all cryptocurrencies, post volume for Hyperliquid currently ranks at 992. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Hyperliquid.
Powered by LunarCrush
Posts
7,843
Contributors
4,015
Interactions
1,596,415
Sentiment
81%
Volume rank
#992
X
Posts
7,277
Interactions
1,532,169
Sentiment
82%
Hyperliquid FAQ
How much is 1 Hyperliquid worth today?
Currently, one Hyperliquid is worth $55.75. For answers and insight into Hyperliquid's price action, you're in the right place. Explore the latest Hyperliquid charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Hyperliquid, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Hyperliquid have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Socials