About decentralized perpetual contracts:
Hyperliquid runs on its own blockchain, with the order book and trade matching handled on-chain.
In pool mode, liquidity providers are the counterparties to traders: when traders are profitable overall, the pool loses money; when traders lose overall, the pool makes money.
$HYPE 81.95（-0.79%）
#HYPE
Hyperliquid runs on its own blockchain, with the order book and trade matching handled on-chain.
In pool mode, liquidity providers are the counterparties to traders: when traders are profitable overall, the pool loses money; when traders lose overall, the pool makes money.
$HYPE 81.95（-0.79%）
#HYPE