Hyperliquid Trader Reopens Huge Ethereum Short After $469,000 Hit

TL;DR: On-chain trading records indicate that a large Hyperliquid trader rebuilt an Ethereum short worth roughly $16 million after suffering around $469,000 in losses. Losing nearly half a million dollars on a leveraged Ethereum trade would be enough to make most investors reassess their position. One account tracked on Hyperliquid appears to have done the […]

KuCoin Adds Nike, Accenture And Shipping ETF Perpetuals With 20x Leverage

TL;DR KuCoin Futures has launched stock-index perpetual contracts tracking Nike, Accenture and the Breakwave Tanker Shipping ETF. The contracts are settled in USDT, trade continuously and support leverage of up to 20x. They are synthetic derivatives and do not give traders ownership of the underlying shares or ETF units. KuCoin is extending its crypto-style perpetual […]

Binance Adds Four More Stock Perpetuals With Up To 20x Leverage

TL;DR Binance Futures is adding USDT-settled perpetual contracts tracking StablecoinX, Viking Therapeutics, McDonald’s and Akamai. The contracts trade 24/7 and support leverage of up to 20x. They are derivatives that track the underlying equities; buyers do not receive the actual shares. Binance is continuing to blur the line between a crypto derivatives venue and an […]