Hyperliquid is a decentralized exchange (DEX) operating on its own Layer 1 blockchain, offering perpetual futures trading via an order book model. It aims to provide a centralized exchange (CEX)-like experience with features such as a simple user interface, fast transactions, and one-click trading. Advanced features like partial take-profit/stop-loss orders and API access cater to experienced traders. Community members can also participate in market making and liquidation strategies through Hyperliquid's native vaults.
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