HIP-3 equity perps gain a spot leg on HyperCore via xStocks
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Teaser for the xStocks analysis: until now equity funding on Hyperliquid reflected positioning only, and a spot leg on the same book now lets arbitrageurs pull the basis toward fair value.
Key claims
Equity funding on HL previously answered to positioning only
Spot leg now sits on the same HyperCore book
HIP-3 equity perps on Hyperliquid finally have something to trade against.
Until yday, equity funding on HL answered to positioning.
Now there’s a spot leg on the same book (HyperCore), powered by @xStocksFi.
How that changes the basis: t.co/PCZm2Wugcu t.co/5740HRKlNj
QUOTING @zerokn0wledge_
xStocks just went live on HyperCore! Why it matters: - @xStocksFi = onchain equities 1:1 collateralized by real shares at regulated custodians. - Now live on HyperCore’s native orderbook, aka the same execution layer as the perps. - Until now HIP-3 equity perps had no local s
xStocks just went live on HyperCore! Why it matters: - @xStocksFi = onchain equities 1:1 collateralized by real shares at regulated custodians. - Now live on HyperCore’s native orderbook, aka the same execution layer as the perps. - Until now HIP-3 equity perps had no local s
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