Most top NEAR traders on Hyperliquid hold short positions
Summary
Most top $NEAR traders on the decentralized trading venue Hyperliquid are currently holding short positions, with the largest short position reflecting nearly $13 million in unrealized losses, while the largest long position has gained $17.35 million. Hyperliquid, known for offering perpetual futures on various crypto assets, has recently expanded its product range by adding new tradable options, including volatility index contracts.
Tokens
$NEAR
Analysis
Hyperliquid: Hyperliquid is a decentralized perpetual futures exchange operating on its own Layer 1 blockchain, HyperCore, which supports an on-chain order book and gas-free trading. It has expanded its product suite with new contracts and integrations while undergoing network upgrades based on user input. In this news, Hyperliquid is the platform hosting leveraged $NEAR positions where most top traders are short. Trading Venue: Hyperliquid functions as a leading decentralized venue for perpetual futures across various crypto assets. Product Expansion: Hyperliquid has added new tradable products including volatility index contracts in recent weeks.
Categories
hyperliquiddefiperpscrypto
Related sources
- https://perpfinder.com/perps/hyperliquid
- https://x.com/i/status/2105423364538118479
- https://public.com/crypto/hype/news
- https://www.datawallet.com/crypto/hyperliquid-statistics
- https://x.com/i/status/2105423621325729912
- https://x.com/i/status/2105427184001151061
- https://x.com/i/status/2105427144327237866
- https://www.coinbird.com/cryptocurrencies/hyperliquid/news
- https://www.lookonchain.com/token/hyperliquid