Hyperliquid will introduce Portfolio Margin

BlockBeats News, December 12, Hyperliquid Official Announcement: In the upcoming network upgrade, the Portfolio Margin feature will be introduced, which has been launched in pre-alpha mode on the testnet. Under the Portfolio Margin mode, the margin for spot and perpetual contract trading will be fully unified, significantly improving fund utilization efficiency. Additionally, the Portfolio Margin account will automatically generate income from all borrowable assets that are not actively used for trading. All HIP-3 DEXs are included in the Portfolio Margin calculation, but not all collateral assets of HIP-3 DEXs are borrowable. In the future, new asset categories of HyperCore and derivative primitives will also support Portfolio Margin. Users can provide liquidity with eligible quote assets to earn rewards.

Official Note: Portfolio Margin will first launch in pre-alpha mode, during which the total amount of borrowable assets will be extremely limited. It is recommended that users use a new account or sub-account with assets less than $1,000 for testing. When the limit is reached, the Portfolio Margin account will automatically revert to the traditional non-Portfolio Margin mode. During the pre-alpha stage, only USDC is borrowable, and HYPE is the only collateral asset. Before entering the alpha stage, USDH will be added as a borrowable asset and BTC as a collateral asset. More details will be updated in the official documentation in future releases.