Based on Coinotag, Hyperliquid has launched NVDA-PERP, the first community-managed perpetual swap for Nvidia stock on a decentralized exchange. The product, introduced via the HIP-3 framework, allows 24/7 trading with up to 10x leverage. According to Hyperliquid’s dashboard, the perpetual swap has already generated $12 million in trading volume and $5.8 million in open interest within 24 hours of its launch. The HIP-3 auction system enabled Trade.XYZ to secure the Nvidia ticker for community oversight, with the market creator earning 50% of trading fees. The price of NVDA-PERP is currently at $192.54, down 1.24% in the past 24 hours.
Hyperliquid Launches NVDA-PERP, First Community-Managed Nvidia Stock Perpetual Swap
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