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ivanthek.bsky.social
•
1 day ago
Who's on the other side?
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sparticuszorro.bsky.social
•
1 day ago
The exchange is your counterparty on most perpetual futures trades
In hyperliquid's case the exchange is a counterparty along with other users.
They dont breakdown the makeup of the otherside exactly in what percentage split each is liable for
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ivanthek.bsky.social
•
1 day ago
Is there a concept of a clearinghouse backstop some users default?
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sparticuszorro.bsky.social
•
1 day ago
Control f "vault"
To see how they do this
They are always shorting(no kidding)
https://www.bitget.com/news/detail/12560604462260
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ivanthek.bsky.social
•
1 day ago
Yikes.
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In hyperliquid's case the exchange is a counterparty along with other users.
They dont breakdown the makeup of the otherside exactly in what percentage split each is liable for
To see how they do this
They are always shorting(no kidding)
https://www.bitget.com/news/detail/12560604462260