How On-Chain Perpetuals Clear: Hyperliquid's Orderbook
Hyperliquid runs a fully on-chain central limit orderbook for perps. Here's how matching, funding, and liquidations actually work under the hood.
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Hyperliquid runs a fully on-chain central limit orderbook for perps. Here's how matching, funding, and liquidations actually work under the hood.
Choosing a multisig quorum is a probability problem, not a vibes decision. Here is how 2-of-3, 3-of-5, and 4-of-7 actually behave when signers vanish, lose keys, or go silent.
Trading activity across the spot BTC ETF complex is holding its range rather than breaking out, a signal that the institutional bid remains engaged without chasing price.