🐋 Beyond watching the charts, this is something you should know: decentralized perpetual contracts
Hyperliquid runs on its own blockchain, with the order book and order matching handled entirely on-chain.
On-chain doesn’t mean risk-free: smart contract vulnerabilities, oracle issues, the bridge used for deposits, and high slippage when liquidity is insufficient are all risks to consider.
$HYPE is Hyperliquid’s native token. Hyperliquid started out with perpetual contract trading. It’s currently at 71.88.
If you don’t understand a product, it’s best to steer clear. Trying it with a small amount is a safer approach.