Post #259

Weekly Update Tech + As mentioned in the ⁠API announcements channel, the tick formula was updated to allow all integer prices regardless of number of sig figs. For example, after the change 123456 will be a valid price for BTC-USD. + Please continue to submit any findings for the testnet EVM bug bounty with a minimal reproducible example via Discord ticket. Thank you for your reports! Product + Misc UI improvements: Language in withdrawal modal was updated to explain transferring from Perps to Spot balances, improved notification dismissal animations on mobile, use trigger price instead of BBO for Stop Limit order warnings, etc. Trading + XLM and CHILLGUY perps were listed + OI reached a new ATH of >$2.5B Community Highlights + Parsec built a testnet HyperEVM explorer: https://testnet.purrsec.com/. Please share feedback with the Parsec team + Notifi supports alerts for token prices, liquidation risks, and more on HL: https://x.com/notifinetwork/status/1859794066407371068?s=46&t=FzB82NK1Ig2kb_HLvfwl3A + https://pvp.trade/ is running a trading competition: https://x.com/pvp_dot_trade/status/1861427350447005775 + ASXN has written several reports on Hyperliquid: https://data.asxn.xyz/ Points + 16.4M points were distributed for activity in May, October, and early November. Sybil clusters were slashed, with their points multiplied by 2% or 20% based on the scale of sybil activity. Genesis Event + The HYPE genesis event will take place at 07:30 UTC on November 29. + Note that higher network congestion on the L1 is expected around the genesis event. Deposits & withdrawals may also take longer than usual due to congestion on the Arbitrum bridge around the genesis event.