Hyperliquid will introduce portfolio margining

BlockBeats News, December 12 — Hyperliquid officially announced that the upcoming network upgrade will introduce a Portfolio Margin feature, which has already been launched on the testnet in pre-alpha mode. In the Portfolio Margin mode, the margin for spot and perpetual contract trading will be fully unified, significantly improving capital efficiency. Additionally, Portfolio Margin accounts will automatically generate yields on all lendable 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 lendable. In the future, new asset classes and derivatives primitives of HyperCore will also support Portfolio Margin. Users can provide liquidity with eligible quote assets to earn yields. Official reminder: Portfolio Margin will initially be launched in pre-alpha mode, during which the total lendable asset limit will be very low. Users are advised to test with a new account or sub-account with less than $1,000 in assets. 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 lendable, and HYPE is the only collateral asset. Before entering the alpha stage, USDH will be added as a lendable asset, and BTC as a collateral asset. More details will be updated in the official documentation later.