Friends, this is something you really need to understand: decentralized perpetual contracts!
Hyperliquid runs on its own blockchain, where the order book and order matching are all on-chain.
The order book model works similarly to matching on centralized exchanges, with prices determined by buyers and sellers. The pool model relies on oracle pricing, so any problems with the oracle directly affect settlement.
$HYPE is Hyperliquid’s native token. Hyperliquid is known for perpetual contract trading.
Save this for now and take your time reading it.
#HYPE
Hyperliquid runs on its own blockchain, where the order book and order matching are all on-chain.
The order book model works similarly to matching on centralized exchanges, with prices determined by buyers and sellers. The pool model relies on oracle pricing, so any problems with the oracle directly affect settlement.
$HYPE is Hyperliquid’s native token. Hyperliquid is known for perpetual contract trading.
Save this for now and take your time reading it.
#HYPE
