I only changed my mind when the fee rate went negative. This gate is already closed.
$HYPE The funding rate is back to full-long fees: 0.00125%. Current price is 79.8, up only +0.4% today.
Hyperliquid perpetual daily fee is about 2.81 million, up about +115% month-over-month.
Position size is about 1.67 billion, with daily notional around 420 million.
The tax is back to positive—
What’s being squeezed is the longs—
#资金费率 #HYPE structure