ChainCatcher News, according to official sources, Hyperliquid has announced that the cross-margin feature for HIP-3 permissionless perpetual contracts has been enabled on the testnet, but has not yet been launched on the mainnet. However, this feature meets the criteria for the mainnet-level bug bounty program.
Deployers of HIP-3 must first enable cross-margin for a specific asset before users can trade that asset with cross-margin. Under a unified account, all cross-margin perpetual contracts using the same collateral asset can share margin, even across multiple DEXs. However, assets on different DEXs are protected to their maintenance margin levels to prevent automatic liquidation caused by significant price fluctuations on other DEXs. This new “protected cross-margin” system ensures system solvency while maintaining user experience. Cross-margin is not designed for DEX abstract interfaces, and related interfaces should not allow cross-margin trading through DEX abstraction. Users should use a unified account or pooled margin to achieve the expected behavior of HIP-3 asset cross-margin.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Privacy Wallet Infrastructure platform Privy supports wallet swap transactions
Gate News message, April 7, privacy wallet infrastructure platform Privy posted on X that it has added support for wallet swap transactions, a feature enabled by technical support from the Uniswap API.
GateNews3h ago
Velora (formerly Paraswap) has published a new governance proposal to shut down the DAO treasury and terminate the staking program
Velora (formerly Paraswap) has released a new governance proposal. The main adjustments include refocusing on structural decisions regarding the VLR token, terminating the staking plan, closing the DAO treasury and paying for infrastructure services, and stopping fee routing. Going forward, governance will focus on decisions related to the VLR token, and protocol operations will be supported by the development team.
GateNews4h ago
The new Ethereum standard ERC-8211 proposal is released, supporting AI agents to execute complex DeFi transactions
Biconomy’s new Ethereum standard ERC-8211 introduces a “smart batching” mechanism, allowing AI agents to dynamically execute multiple-step DeFi operations within a single transaction, effectively addressing issues with price volatility and changes in transaction fees, in line with the Ethereum Foundation’s strategy to improve the user experience.
GateNews4h ago
The public blockchain Rayls mainnet will go live on April 30
Gate News message, April 7, public chain project Rayls announced that its mainnet will go live on April 30 at 23:00. At the same time, Rayls staking plans and its native stablecoin USDr will also be launched. USDr is Rayls’ native, U.S. dollar–backed stablecoin, used to pay network transaction fees.
GateNews5h ago
SharpLink Ethereum staking cumulative rewards reach 16,947 ETH
Gate News message: On April 7, Ethereum Treasury company SharpLink posted on the X platform that since launching its ETH treasury strategy, the company’s cumulative Ethereum staking reward revenue has reached 16,947 ETH. In addition, the Ethereum staking rewards SharpLink received last week were 511 ETH.
GateNews5h ago
Tether CEO: The team is developing a decentralized search engine, hypersearch.
Gate News message. April 7, Tether CEO Paolo Ardoino said the team is developing a decentralized search engine called hypersearch. The product is built on a distributed hash table (DHT, a decentralized data storage technology) architecture.
GateNews5h ago
