HyENA just rolled out with four trading pairs right off the bat: HYPEUSDE, BTCUSDE, ETHUSDE, and SOLUSDE. Word is more pairs are coming down the pipeline.
Here's the setup: you're still trading through your Hyperliquid account. Risk management and trade execution stay on Hyperliquid's native infrastructure. HyENA's basically stepping in with collateral incentives and throwing its own UI into the mix.
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NullWhisperer
· 12-12 15:20
so they're wrapping hyperliquid's execution in a new ui layer... technically speaking, that's either elegant abstraction or technical debt waiting to happen. need to see how they're handling the collateral incentive mechanics before getting excited tbh
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DegenTherapist
· 12-09 16:57
Starting with four trading pairs feels a bit conservative. When will spot trading be launched?
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AirdropChaser
· 12-09 16:43
Only four trading pairs have just been listed, it still feels a bit limited. Let's wait and see what scale it can expand to in the future.
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DegenWhisperer
· 12-09 16:36
A strong start with four trading pairs, but is this incentive mechanism really effective?
I'm impressed with this round of UI updates from HyENA, but it's still the same old tune...
Wait, are there any pitfalls with collateral incentives? Need to take a closer look.
As long as the underlying Hyperliquid doesn't collapse, flashy UIs are just for show.
Is this time really different, or just another rebranded thing?
Pair updates are pretty solid, but I'm just curious to see how low the fees can go.
HyENA just rolled out with four trading pairs right off the bat: HYPEUSDE, BTCUSDE, ETHUSDE, and SOLUSDE. Word is more pairs are coming down the pipeline.
Here's the setup: you're still trading through your Hyperliquid account. Risk management and trade execution stay on Hyperliquid's native infrastructure. HyENA's basically stepping in with collateral incentives and throwing its own UI into the mix.