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Latest Hyperliquid articles

Papertrade’s Wild Weekend Ends With 93.7% Open Interest Wipeout

Papertrade’s Wild Weekend Ends With 93.7% Open Interest Wipeout

After a whirlwind of trading activity on Papertrade, the newly launched perpetuals decentralized exchange (DEX) built on Hyperliquid, the platform’s open interest has collapsed by 93.7% over the past 24 hours. The project’s total value locked (TVL) has also taken a substantial hit, shedding $48 million over the same period. Papertrade’s $11 Billion Open Interest […]

Oct 11, 2026 · byBitcoin.com News
Bitcoin hedge funds face a liquidation trap when their collateral is split across markets

Bitcoin hedge funds face a liquidation trap when their collateral is split across markets

Here's a hypothetical situation: a hedge fund is making money, but one of its exchanges is about to liquidate its position anyway. Bitcoin has fallen, its short position on CME is profitable, and the matching long on Hyperliquid is bleeding cash. The two trades were designed to offset each other, but Hyperliquid can't use profits […] The post Bitcoin hedge funds face a liquidation trap when their collateral is split across markets appeared first on CryptoSlate .

Oct 11, 2026 · byCryptoSlate
Papertrade Perp DEX Pulls in $118M in 24 Hours With 1,000x Leverage

Papertrade Perp DEX Pulls in $118M in 24 Hours With 1,000x Leverage

This weekend, a new cryptocurrency trading platform built on Hyperliquid, known as Papertrade.xyz, has become a lively topic of conversation across the crypto community. The application allows traders to leverage their positions by as much as 1,000 times their initial investment, an eye-popping proposition that has helped attract more than $100 million in deposits since […]

Oct 10, 2026 · byBitcoin.com News
Crypto ETFs shed $1.29b as Bitcoin and Ether lead exits

Crypto ETFs shed $1.29b as Bitcoin and Ether lead exits

U.S. crypto ETFs tracked across Farside Investors’ Bitcoin, Ethereum, Solana, Hyperliquid and Zcash tables recorded combined net outflows of $1.29 billion during Oct. 5–9, with Bitcoin and Ether funds accounting for most withdrawals. Farside Investors’ daily figures put combined Bitcoin…

Oct 10, 2026 · byCrypto.news
Does This $32M Whale Know Where Bitcoin’s Price Goes After $82.5K

Does This $32M Whale Know Where Bitcoin’s Price Goes After $82.5K

A Hyperliquid trader is sitting on a $32.36 million bitcoin short exactly one year after the 10/10 crash that erased over $19.1 billion in leveraged bets. The Nitty Gritty Of The Matter The position surfaced earlier today, with the account holding $7.19 million in equity and one open perpetual futures (perps) position, a short on […]

Oct 10, 2026 · byBitcoin.com News
Crypto Price Analysis Oct-09: ETH, XRP, ADA, BNB, and HYPE

Crypto Price Analysis Oct-09: ETH, XRP, ADA, BNB, and HYPE

Today, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) This week, the broad crypto market entered a correction. ETH was no different, closing the week 9% lower. The price may also test the support at $2,400 soon if sellers continue to maintain the pressure. This correction comes after Ethereum […]

Oct 9, 2026 · byCryptoPotato
Ethereum Price Dip to $2.42K Liquidates a $69M Whale Who Reloaded Again

Ethereum Price Dip to $2.42K Liquidates a $69M Whale Who Reloaded Again

A Hyperliquid whale lost 28,716 ETH worth $69.69 million to forced liquidation in the overnight crash. Within half an hour it had wired in fresh margin and opened a new ether long. The Position Before the Drop The whale first surfaced on Oct. 7, when onchain trackers traced margin deposits into three Hyperliquid addresses. Together […]

Oct 9, 2026 · byBitcoin.com News
Hyperliquid Behind the Scenes: How to Build a Perpetual DEX

Hyperliquid Behind the Scenes: How to Build a Perpetual DEX

Offering traders worldwide the ability to open leveraged positions on virtually any asset, without going through a licensed broker: this is the promise of perpetual DEX platforms. With the massive success and traction of names such as Hyperliquid and GMX, one may wonder: how do these companies operate, behind the scenes? LegalBison is a global […]

Oct 9, 2026 · byBitcoin.com News