Perps.AI retweeted
BTC 15-minute markets move fast.
Our latest featured project, @Cotes_AI's SpectralEdge, re-reads every Kalshi BTC 15-minute market every five seconds. It fires YES or NO only when confidence and estimated edge clear its thresholds.
The same feed is available through an API.
Hyperliquid’s HLP vault looks like a steady yield machine, but roughly 41% of its $138.7M lifetime profit came from just two liquidation events lasting under two weeks combined.
Outside violent market crashes, returns flatline near 3.5%. That quiet-period drag prompted steady depositor exits, cutting vault TVL from a $600M+ peak down to $151M.
HLP doesn’t earn by passively clipping spreads; it underwrites forced liquidation risk. Treating its APR like a savings account ignores that nearly half its gains came from counterparty blowouts.
HYPE just gave back most of its Oct 29 jump.
It opened that day at 78.78 and ran to 97.11 by the noon ET candle, the highest point on the 4h chart in the last 18 days.
Since then the candles have mostly made lower highs and lower lows. The lowest print after the spike was 81.00 on Nov 3, and HYPE now sits at 83.74 on Hyperliquid, 13.8% under the high.
It's still above the 78-79 area it started from. Open interest is 22.3M HYPE, about $1.87B at the current mark price.
A wallet tracked as 0xecc8…d8ce is short both Anthropic pre-IPO perps on Hyperliquid at 6x isolated, about $32.7M combined, per Hyperbot.
The short on io:ANTH (Entropy) is 14,525.7 units from a $1,847.73 entry, with liquidation at $2,416.40. The short on xyz:ANT (trade.xyz) is 52,977.6 units from $113.26, with liquidation at $151.05.
Both marks have moved up since. io:ANTH is at $1,891.50, up 3.5% in 24h, with $114.9M open interest. xyz:ANT is at $118.33, up 3.7%, with $55.2M open interest.
Position data comes from a tracker, and market data is from the Hyperliquid API as of 8:35 AM ET.
Entropy, a HIP-3 exchange on Hyperliquid, now has $126.5M in open interest across 13 active markets, per the Hyperliquid API this morning.
Most of it sits in one market. ANTH, the Anthropic pre-IPO perp, holds $98.3M, about 78% of the total. Next biggest is PRL at $7.1M.
XPL fell about 20% in one 15-minute candle on Hyperliquid early Nov 1, from $0.0864 to $0.0694.
HLP, Hyperliquid's community vault, took on the liquidated longs. Its weekly PnL dropped by about $561K in that window, out of roughly $170M in the vault.
Small dent, but a real one.
🆕 New Featured project on Perps.AI:
Variational Omni
One perps app for crypto and traditional assets.
@variational_io runs Omni on Arbitrum, with $75.0B in 30-day perp volume and $916M open interest on DefiLlama.
Perps.AI retweeted
Hyperliquid will win Prediction Markets. Why?
> Fees are a fraction of Polymarket / Kalshi
> Markets are real and settled on chain with better liquidity
> No fake wins on social media to lore in users
Perps.AI retweeted
So you’re telling me HYPE was trading at $80 before the NYSE/ICE news dropped, pumped to $95, and is now back at $87?
That’s a mere 8% increase on what might be one of the most bullish news in crypto and modern financial history.
News so massive that Druckenmiller made his first-ever tweet about it and Elon Musk quoted it?
HYPE will trade so much higher in the coming months. You haven’t seen anything yet.
Hyperliquid did $222.6B in perp volume over the last 30 days, about 35% of the $637.9B across all perp DEXs, per DefiLlama.
The race for second is close. Variational is at $75.0B and Lighter at $70.5B, with Aster next at $47.1B.
That gap behind Hyperliquid is still huge.
Regulated Hyperliquid-style perps in the U.S. would be a big step for onchain perps, pending approval
ICE and Trade[XYZ] plan to bring Hyperliquid-based perps to the U.S.
Subject to regulatory approvals, ICE will operate U.S. regulated versions of Trade[XYZ]’s markets, leveraging their expertise as the leading deployer of real-world-asset perps on Hyperliquid.
The new venue will operate separately to ICE’s institutional futures franchise and offer a trading experience designed for retail participation.
Once live, U.S. traders will be able to trade 24/7 across a range of assets spanning the macro complex including:
*Crypto
*Equities
*Indices
*Commodities
*Forex
Read more: spr.ly/6010BHq9X8
Users will access the platform through U.S.-regulated FCMs performing KYC/AML screening, including ICE's joint venture with OKX.
ICE and Trade[XYZ] will seek approvals to launch a new market built on Hyperliquid to operate KYC-compliant perp markets, including regulatory approvals to support leveraged trading.
Lighter's LIT hitting $8 before 2027 is down to 6% on Polyguana. It started October near 16% and peaked around 21%.
LIT trades near $2.82 on Hyperliquid, so it would need almost a 3x in two months.
About $108K has traded on this one. 6% sounds about right to me.
polyguana.net/market/pm-1067…
Hyperliquid has about $10.9B in open interest across 179 main perps markets right now.
BTC leads with $3.22B, then ETH at $2.22B and HYPE at $2.00B. Those three make up about 68%.
ZEC is fourth at $634M, ahead of SOL at $512M. That one stands out to me.
Perps.AI retweeted
Elon and Drunkenmiller bullposting Hyperliquid bringing perp futures to the US.
Then Binance suffers the largest CEX hack in history shortly after.
One of the most bullish driven headlines ever in crypto bringing massive volume inflows into the market, followed by the most bearish headline in the same day causing massive outbound liquidations.
I mean the hacker couldn’t have picked a better day, crazy coincidence I guess.
