币界网报道:The decentralized derivatives exchange Hyperliquid provides extreme traders with a high-leverage, low-slippage, large-volume trading environment with its HLP vault mechanism and unique funding rate algorithm. The platform adopts a non-custodial model, has no withdrawal restrictions, and does not have an automatic position reduction mechanism, attracting traders who pursue capital freedom and high risks. Its HLP vault TVL has exceeded US$500 million, and the Sharpe ratio is