Hyperliquid's next upgrade to let seasoned traders take bigger bets with less capital
Hyperliquid is introducing portfolio margin to allow experienced traders to manage larger positions with reduced collateral requirements.Summary
Decentralized trading platform Hyperliquid is rolling out an upgrade featuring "portfolio margin" for real trading accounts, enabling users to offset risk across multiple positions. This means the system calculates a net collateral requirement based on overall portfolio risk, allowing traders to support larger trades with less capital efficiency. The feature is moving from pre-alpha to an alpha phase in the next network upgrade. Access will be restricted to master accounts with over $5 million in weighted trading volume as a safeguard. To manage increased risk, Hyperliquid is implementing platform-level and per-user caps on asset supply and borrowing, including limits for stablecoins like USDC and USDH, HYPE tokens, and Bitcoin, balancing capital efficiency with system risk control.
(Source：CoinDesk)