There’s a 500% penalty on Hyperliquid oil short-selling
Hyperliquid is paying traders 500% a year to hold long oil derivatives. Payouts are hourly as an additional reward.
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Hyperliquid has some growing to do before it can take on Binance
Marketers broadcasting metrics about Hyperliquid have used clever ways to manipulate the figures to make it seem like a Binance competitor.
Hyperliquid growth driven by leveraged degeneracy, trade sharing
Hyperliquid, a leveraged crypto exchange, has popularized copytrading and leaderboard-based trading contests to gain market share.