Margin Management

DEX abstraction is enabled for HyENA. As a result, users can trade HyENA perps from their existing perps and spot balances.

HyENA currently only supports Isolated Margin, meaning margin is specific to each position a user has open. Users can both add and remove margin from open positions. Cross Margin will be introduced after launch it is enabled as an option for HIP3 Exchanges, and if HyENA perpetual markets demonstrate sufficient, sustained liquidity and the HyENA team determines that enabling Cross Margin is safe and appropriate from a risk-management perspective.

HyENA is currently using noCross Isolated margin, meaning user positions are using isolated margin, and users can remove margin from existing positions, without closing the position, as long as it remains above maintenance margin requirements.

Hyperliquid currently does not support Cross Margin for HIP-3 markets.

USDe is currently available on: HyperCore spot, HyperEVM, and all major blockchains.