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Hyperliquid Responds to XPL Surge: Contract Mark Price to Follow Standard Mark Price Formula
BlockBeats News, August 27th, Hyperliquid officials once again responded to the XPL price surge, stating that, based on user feedback, the Hyperliquid contract's mark price will use the regular mark price formula, combined with the price of perpetual contracts traded externally before listing (if any). This has no significant impact on the vast majority of users and instances but can enhance the system's robustness. It is important to note that this will not affect the funding rate or realized PnL. Thanks to those users who provided constructive feedback based on their interaction with the Hyperliquid contract market.
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