new feature observed on hl testnet: stars
afaict stars let deloyers make a hip-3 dex address-allowlisted for trading. testnet allowlist size currently is max 10k addresses. non-allowlisted addresses can still submit reduce-only orders / fund accounts.
see ktob ("BTC Star DEX")
some relevant txs:
0x851e0bc62988fe9e8697042529220801080023abc48c1d7028e6b718e88cd889 (register ktob:BTC)
0x54c1a9c94451ac7e563b0425292214010100c1aedf54cb50f88a551c03558668 (activate star)
0x875b29d555ffdba188d4042529221c01030041baf0f2fa732b23d52814f3b58c (approve trader address)
0x9dbce81f1a86dc269f360425292224010c000004b589faf841859371d98ab611 (unhalt ktob:BTC)
0x3130533baff0a23a32aa0425292ce1010a006b214af3c10cd4f8fe8e6ef47c24 (unapproved address funded)
0x8923485ccfdea73b8a9d0425292d2c01010060426ad1c60d2cebf3af8ed28126 (unapproved address attempts to place order and fails)
0x326fcd720ba84bd833e90425292e06010400e557a6ab6aaad63878c4caac25c2 (approved trader address funded)
0xe070d0c9f5aca692e1ea0425292e33010300e8af90afc56484397c1cb4a0807d (approved trader address places order successfully)
can think of a few reasons why this might be useful, but will refrain from speculation for the time being.
hyperliquid still buying back ~$40M/month
coinbase USDC yield accrual starts aug 26
→ +$16M/month extra for $HYPE buybacks
fundamentals up, price down
don’t overthink it
that's my hyperliquid bear case scenario
i would love to see that happen so i can load up on a ton of hyperliquid:native before we go to $200 next year… so we probably won’t get it
hypernova x pear protocol
using pair trades are one of the best ways to become profitable
that’s why pear has the most profitable users of any hyperliquid interface
hypernova gives prop traders the tools to actually make money
Pairs trading, live on Hypernova.
→ Seamless charting for any pair.
→ Multiple legs, single position.
→ TP/SL orders set directly on the ratio.
→ Limit and TWAP execution.
Single interface, full control. Powered by @pear_protocol.
the @tradyxyz beta just went live
they have a unified USDC balance for everything, so you can buy SOL memes, BSC memes, or whatever without having to bridge or move funds around
referral system is pretty sick, so use my ref:
2027 hyperliquid predictions:
> non-crypto perps take over 50% of volume
> over $1T in perp volume every quarter
> crypto perp volume bottoms in Q3 2026
new things i’m excited about in the hyperliquid ecosystem right now:
> spot RWAs coming to hypercore and EVM
> onchain options gaining traction
> prop trading finally coming onchain
> outcome markets becoming permissionless
> more assets coming for portfolio margin
everyone’s focused on the robinhood and stable chain memes right now
i’m buying the attention bottom on hyperliquid
added a ton of $HYPE and $NEST to my bags
soon all eyes will be back on hyperliquid again