Hyperliquid adjusts infrastructure rules: lowers the threshold for high-speed data access; idle HLP funds will be moved into the lending pool
On August 13, the Hyperliquid Foundation is adjusting the way on-chain data infrastructure is accessed, allowing professional infrastructure providers to connect to nodes that previously had higher entry barriers, and to offer the service to more external teams at a unified price—thereby reducing the cost for market makers and trading teams to obtain high-quality, low-latency on-chain data. Previously, Hyperliquid generated a large amount of order, trade, and position data every second. If trading systems wanted to access these data faster, they typically needed to run non-validating nodes and connect to stable upstream nodes. Because the Foundation nodes are closer to the core validating network and have shorter data transmission routes, they effectively provide a lower-latency data source. Previously, directly connecting to that node required staking 10,000 HYPE and meeting the Tier 1 market maker threshold, which made it difficult for smaller and mid-sized trading teams to qualify. After this adjustment, professional infrastructure service providers can connect and then provide connectivity services to external customers at a unified price; the reference price is currently below $1,000 per month, and the service must meet an uptime requirement of 99.9%. Providers must also operate for at least 1 year, serve at least 100 customers, and cover 5 networks, and they must not offer exclusive faster lines for specific market makers. If it is found that special treatment exists, the whistleblower may be awarded a bounty.
Meanwhile, a Hyperliquid team member, Jeff, said on Discord that after the next network upgrade, Hyperliquid Liquidity Provider (HLP) will automatically route any USDC not used for market making into HyperCore’s native lending pool to earn interest. Currently, HLP’s total TVL is about $188.7 million, of which the main account is about $148.7 million in cash; at the time of the snapshot, there were no positions or open orders, accounting for nearly 79% of total funds. An additional $40.06 million is allocated across 7 sub-strategies. HyperCore’s native lending pool currently has about $762 million in assets, with outstanding borrowings of about $114 million. Of this, the USDC supply is about $176 million, with about $112 million lent out. Utilization is approximately 63.7%. The current annualized borrowing rate for USDC is 5%, and the annualized supply rate is approximately 2.87%.
On August 13, the Hyperliquid Foundation is adjusting the way on-chain data infrastructure is accessed, allowing professional infrastructure providers to connect to nodes that previously had higher entry barriers, and to offer the service to more external teams at a unified price—thereby reducing the cost for market makers and trading teams to obtain high-quality, low-latency on-chain data. Previously, Hyperliquid generated a large amount of order, trade, and position data every second. If trading systems wanted to access these data faster, they typically needed to run non-validating nodes and connect to stable upstream nodes. Because the Foundation nodes are closer to the core validating network and have shorter data transmission routes, they effectively provide a lower-latency data source. Previously, directly connecting to that node required staking 10,000 HYPE and meeting the Tier 1 market maker threshold, which made it difficult for smaller and mid-sized trading teams to qualify. After this adjustment, professional infrastructure service providers can connect and then provide connectivity services to external customers at a unified price; the reference price is currently below $1,000 per month, and the service must meet an uptime requirement of 99.9%. Providers must also operate for at least 1 year, serve at least 100 customers, and cover 5 networks, and they must not offer exclusive faster lines for specific market makers. If it is found that special treatment exists, the whistleblower may be awarded a bounty.
Meanwhile, a Hyperliquid team member, Jeff, said on Discord that after the next network upgrade, Hyperliquid Liquidity Provider (HLP) will automatically route any USDC not used for market making into HyperCore’s native lending pool to earn interest. Currently, HLP’s total TVL is about $188.7 million, of which the main account is about $148.7 million in cash; at the time of the snapshot, there were no positions or open orders, accounting for nearly 79% of total funds. An additional $40.06 million is allocated across 7 sub-strategies. HyperCore’s native lending pool currently has about $762 million in assets, with outstanding borrowings of about $114 million. Of this, the USDC supply is about $176 million, with about $112 million lent out. Utilization is approximately 63.7%. The current annualized borrowing rate for USDC is 5%, and the annualized supply rate is approximately 2.87%.