Hyperliquid

Is Hyperliquid a secure platform?

Hyperliquid employs a proof-of-stake consensus with a two-thirds validator quorum, though past incidents revealed vulnerabilities in concentrated validator pools. The platform has since enhanced security with stricter liquidation protocols, open interest caps, and anomaly detection systems. Users retain full asset custody, reducing custodial risks associated with centralized exchanges.

How to use Hyperliquid?

Users connect to Hyperliquid via EVM-compatible wallets (e.g., MetaMask, Trust Wallet) or email, then deposit USDC on Arbitrum or BTC to fund accounts. Trading involves selecting perpetual contracts (e.g., BTC-PERP), setting leverage, and executing order types like market/limit orders. Cross-margin functionality allows collateral reuse across positions, while isolated margins protect individual trades.