Hyperliquid
On-chain perpetuals exchange running on its own high-speed Layer 1
About Hyperliquid
Hyperliquid is a decentralised exchange for perpetual futures with an on-chain order book, self-custody trading and its own L1 blockchain. Fees are competitive and many users trade through the web app with a wallet.
Pros
- Self-custodial order book
- Low fees
- Fast execution
Cons
- Leverage risk
- Protocol and smart-contract risk
- Limited fiat access
Tags
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