Hyperliquid Testnet Phase 1 Launches with Standard Margin and Mobile-First Options Trading
Hyperliquid Testnet Phase 1 Launches with Standard Margin and Mobile-First Options Trading
馃殌 Hyperliquid testnet begins
Hyperliquid has launched Phase 1 of its testnet rollout, introducing standard margin trading for options on BTC, ETH, and one HIP-3 underlying asset. The release is mobile-first and includes guardrails and observability features.
What's included in Phase 1:
- Standard margin only
- Options trading on BTC and ETH
- One additional HIP-3 underlying asset
- Guardrails and observability tools
Not available yet:
- Desktop trading interface
- Portfolio margin
- Builder codes
This follows the previously announced three-phase testnet roadmap, with Phase 2 set to introduce portfolio margin and desktop support, before Phase 3 focuses on mainnet readiness.
Phase 1 includes: - Standard margin only - Options on BTC, ETH plus one HIP-3 underlying - Guardrails and observability Not in Phase 1: - Desktop trading - Portfolio margin - Builder codes
馃敆 Multi-Chain Deposits Expanded
**Deposit Addresses now support 20+ chains** Users can now deposit directly across more than 20 blockchain networks using a single address system. **Key features:** - One programmatic address works across 30+ chains - Mobile-friendly QR code support - Instant deposit processing - Available on major networks including Tron, Optimism, BNB Chain, Arbitrum, Ethereum, and Base The system simplifies cross-chain transactions by handling routing automatically after users send funds.
Hypercall SDK Launches with Rust Support
The Hypercall SDK is now available on GitHub with Rust implementation. **Key Details:** - Repository: [hypercall-rust](https://github.com/hypercall-public/hypercall-rust/) - SDK enables developers to integrate Hypercall functionality into their applications - Rust implementation provides performance and safety benefits The release follows recent infrastructure improvements in the cross-chain ecosystem, including GMGN's global distributed deployment on AWS and their transition to operating as a Solana validator node with self-built RPC trading nodes. Developers can now access the SDK to build applications leveraging Hypercall's capabilities.
Hypercall Expands to Two Live Markets on Hyperliquid
Hypercall now operates two live markets on Hyperliquid, with additional markets planned for immediate launch. The platform previously announced a trading competition and mainnet launch scheduled for the following month.
Desktop Trading Shell Rebuilt with Live Charts and Enhanced Features
The desktop trading interface has undergone a complete rebuild with several new features: - **Live charts** now include position lines for better trade visualization - **Bulk cancel** functionality for managing multiple orders at once - **Quote popovers** for quick price information - **Sortable history** to organize past trades - **Cleaner funding** interface - Improved states and stability throughout the platform This follows earlier desktop improvements including a redesigned trading shell, new trade dropdown, ticker tape, and optimized deposit flow for larger screens.
Synapse Launches Standard Margin Shorting for Options Trading
**Standard Margin shorting is now live on Synapse**, enabling traders to sell calls and puts directly on-chain. The platform supports: - Long premium positions - Short premium positions - Defined-risk spreads This launch follows the recent addition of **SP500 options on Hypercall**, which went live on June 29th. The upgraded desktop shell now provides full options trading capabilities including calls, puts, and spreads. Traders can now execute sophisticated options strategies with margin requirements, expanding beyond simple long positions to include short selling and spread trading.