Gate News bot message, Hyperliquid has implemented a new mark price calculation methodology for pre-market perpetual contracts. Following this update, the funding rates for WLFI and XPL have experienced significant increases. WLFI's funding rate has risen to 100% APY while XPL's funding rate has reached 800% APY, marking a substantial jump from their previous rates of 11% APY.
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Hyperliquid Updates Mark Price Calculation Method, WLFI and XPL Funding Rates Surge
Gate News bot message, Hyperliquid has implemented a new mark price calculation methodology for pre-market perpetual contracts. Following this update, the funding rates for WLFI and XPL have experienced significant increases. WLFI's funding rate has risen to 100% APY while XPL's funding rate has reached 800% APY, marking a substantial jump from their previous rates of 11% APY.