Hyperliquid forced flow, week to Sep 9: $139M in long liquidations vs $74M short — longs made up 65% of the total, 1.9x the short side. Sep 9 alone: $40.23M across 5,283 traders, averaging ~$7.6k per liquidated account.

Jump Trading has run ~$150B cumulative notional through Hyperliquid — 7.8% of all perp volume — split across one master account and 16 sub-accounts. That implies ~$1.9T in lifetime platform volume, with 17 separate addresses carrying one desk's flow.

HIP-3 open interest: $3.8B across 138 markets, ~26% of Hyperliquid's ~$14.5B total. That share has held near 26% for weeks while platform OI climbed to $1.1B below the $15.85B ATH — permissioned books grew in lockstep with core. Led by S&P 500, SKHX, gold, Brent, WTI.

Hyperliquid, Sept 6 — both sides of the supply ledger: Burned: 9,730 HYPE (~$830K), avg $85.27 Unlocked: ~9.92M HYPE (~$820M) ~1,020 tokens released for every 1 removed. One day's unlock outweighs the day's burn by three orders of magnitude.

Hyperliquid cleared ~$405.8B in perp volume in August — roughly 63% of the $648.6B traded across all DEX perps that month, the segment's strongest month since March. One venue, about two-thirds of onchain perp flow.

HIP-4 permissionless deployment is live on Hyperliquid mainnet. trade[XYZ] became a deployer today, opening 8 outcome markets — stocks, football, US Open women's winner. Entry: 500k HYPE staked on top of any HIP-3 stake. Min order notional also cut $10 → $1.

Hyperliquid published HIP-3*: an optional extension letting deployers run on-chain allowlists for permissioned markets. Testnet only, specs preliminary, existing markets untouched. Same day: trade[XYZ] listed BMNR (Bitmine) perps at 10x, permissionlessly. Two tracks, not one.