Hyperliquid

hyperfoundation.org

Hyperliquid operates a decentralized exchange focused on crypto perpetual futures. The platform lists multiple assets and matches orders through an orderbook while settling positions on-chain. The service supports leverage trading with margin, funding rate mechanics, and automated liquidation processes. Users connect self-custodial wallets, deposit supported collateral, and manage positions via a web interface or programmatic APIs. Market data, order placement, and account endpoints enable integrations for traders and market makers. Documentation and dashboards describe fees, risk parameters, and protocol status, allowing monitoring of positions and funding. On-chain records provide transparency into balances and trades.