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Trade perps on Cortex -- The easiest way to trade on @HyperliquidX . Generational Lock In for Q4 2025

Over the next few weeks we will be doing a rundown of all the CX tokenomics changes from the SYN -> CX migration. Overview: - $SYN converts to $CX at a 1:5.5 rate - Migration period to last until Feb 2026 - $CX has a 4.9% annual inflation rate As part of the conversion, the Total Supply increased 19.75% from 1,375,000,000 CX to 1,646,590,000 CX (or 250m SYN to ~299m SYN) immediately. The Circulating Supply (of CX and SYN) had no immediate change. Over the next four years, the circulating supply will increase at a rate of 4.9% per year, (or 67,897,500 CX/ 12,345,000 SYN) per year. Updates: - All team locks extended from 6mo -> 1yr - Ecosystem and Growth fund to post quarterly updates for accountability

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Hyperliquid perp positions now surface inside your spot portfolio tab. One glance = total clarity. Unified portfolio: tokens, perp longs, shorts—everything side-by-side so you know the real number fast.

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