Hyperliquid Announcements

This week's recap: Trading and API + Listed perps for FTT + IP based rate limits for websockets are currently 50 connections and 1,000 subscriptions (across all connections) per IP address. If you have more than 50 connections open, you'll need to close an existing open connection Open interest rewards + The 12th week of open interest rewards ended and have been distributed to 896 addresses; addresses that would've received <0.01 USDC were not included. You'll find the transaction on the Portfolio page under Deposits and Withdrawals labeled as "Open interest reward" + Open interest rewards continue for week 13, which ends October 3 at 16:00 UTC. OI rewards are 40% of net trading fees collected Product & design + Re-ordered mobile flow to include Positions, Open Orders, Trade History, etc. on the main trade page instead of being 2 clicks away + Added TIF options to limit orders: GTC, IOC, ALO (post-only) + Clicking on a size in the order book populates the size field + Show expected profit and loss in TP/SL as Position modal + Added fee for transferring to a new account that has not deposited onto Hyperliquid

Update: the network upgrade was rescheduled to 23:00 UTC.

There will be a network upgrade around 21:00 UTC today. This is a bigger performance-related upgrade. Expect around 3 minutes of downtime.

The top 20 friendtech accounts have not changed significantly over the past week, so the index will stay the same on this Wednesday's rebalance.

By community request, Hyperliquid has listed USD perps for $FTT with up to 3x leverage. Listing is not an endorsement of the project. Past performance does not guarantee future results. Do not trade assets you are unfamiliar with and do not understand the risks for. Exercise control. NFA. https://app.hyperliquid.xyz/trade/FTT

This week's recap: Improvement to liquidations + Liquidations are now sent as market orders to the book, and the user keeps any remaining collateral after closing the position. If the position reaches 2/3 of maintenance margin without successfully closing via market orders, the liquidator strategy within HLP will still take over the position + Almost all liquidations will see significant savings for the end user under this new system, especially liquidations on assets where the maintenance margin is large Trading + Listed perps for BANANA and TRB + This week's friendtech rebalance was announced previously. Top subjects are announced by EOD UTC Mondays and rebalances occur at ~14:30 UTC Wednesdays. See previous announcement or Docs for details: https://hyperliquid.gitbook.io/hyperliquid-docs/trading/index-perpetual-contracts + TP/SL market orders now have a slippage tolerance of 10% instead of 2.5% based on user feedback - users would prefer their TP/SL market orders to fill regardless of slippage, and if slippage is a concern, there are TP/SL limit orders + LogX (perps DEX aggregator) integrated Hyperliquid and passed $1M in volume routed + Daily retail volume is climbing up 📈 User vault updates + When users withdraw from vaults, positions aren't automatically closed unless there's not enough margin to maintain open positions + Vault leaders can choose to disable deposits on vaults API + As previously announced, IP based rate limits for websockets will come through this week. Rough plan is 30 connections and 1000 subscriptions (across all connections) per IP address. Also at most 10 distinct addresses for which user data is subscribed, per IP address. Let us know if any of these changes significantly affects your workflow + There will be a minor change to websockets going live in the next few days. The raw string message upon connection will be removed, and error messages will be wrapped in a JSON "error" variant as well. This should hopefully not affect anyone's code, but once live you should be able to remove logic around deciding whether messages are JSON + Historical market data is now publicly available Open interest rewards + The 11th week of open interest rewards ended and have been distributed to 975 addresses; addresses that would've received <0.01 USDC were not included. You'll find the transaction on the Portfolio page under Deposits and Withdrawals labeled as "Open interest reward" + Open interest rewards continue for week 12, which ends September 26 at 16:00 UTC. OI rewards are 40% of net trading fees collected

Welcome to the Hyperliquid Announcements channel! Please note: There is no other Hyperliquid TG group. Community discussion takes place in the Discord server: https://discord.gg/hyperliquid Thank you for being a member of the Hyperliquid community! The Hyperliquid app can be found here: https://app.hyperliquid.xyz/

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