
1/ Midweek Hyperliquid Report 2026-10-30 The week's funding dislocation of scale sits on the native book, where $HYPE longs pay 143% annualised on $1.94BN of OI, the venue's third-largest native book; across the @tradexyz builder book UNITREE shorts pay 522% annualised, though on $27MM of OI a sized long moves that rate before it ever collects it. CXMT shorts pay 105% on $36MM, while SMSN longs pay 70% on $42MM; native HL prints +10.95% across 103 of 179 listings and +18% OI-weighted. (i) Forced flow (ii) HIP-3 turnover (iii) The algo tape (iv) HIP-3 markets by OI
