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Luganodes X Hyperliquid: At the Forefront of Decentralized Trading

Seamless Perpetual Trading

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Published on

26 Sep, 2024

Introduction

Hyperliquid has a unique goal: to provide CEX-like services without the associated risks. By fully embracing an on-chain decentralized solution, Hyperliquid delivers a comprehensive trading platform that guarantees security, speed, and transparency like never before. Luganodes is proud to announce its partnership with Hyperliquid, a next-generation Layer 1 blockchain, where we serve as the top infrastructure provider and institutional validator. This collaboration marks a significant milestone, positioning Luganodes at the core of Hyperliquid’s vision for a transparent and high-performance decentralized financial ecosystem.

What is Hyperliquid?

Hyperliquid is a high-performance Layer 1 blockchain, specifically optimized for order book-based decentralized trading. As the future of decentralized perpetuals exchanges, Hyperliquid provides a fully on-chain trading experience, where every order, trade, liquidation, and cancelation happens in real-time with block latency of under one second. The chain’s capacity for 100,000 orders per second sets it apart, making it one of the fastest decentralized exchanges (DEX) on the market.

At the heart of Hyperliquid is HyperBFT, a custom consensus algorithm inspired by Hotstuff, optimized for end-to-end latency and throughput. This algorithm enables Hyperliquid to handle a massive volume of orders while maintaining decentralization and transparency—key principles of DeFi.

Revolutionizing DeFi with Order Books

While many decentralized exchanges rely on Automated Market Makers (AMMs) or oracle-based solutions, Hyperliquid stands out by offering an order book model, the only proven and sustainable solution for scalable trading. Order books enable liquidity providers to precisely manage their risk, leading to capital efficiency, tighter spreads, and better user experiences. Their advanced infrastructure ensures that liquidity providers can operate efficiently without the typical drawbacks seen in other DEX models, such as impermanent loss in AMMs or the transparency limitations of RFQs.

Built for Speed and Performance

Unlike other decentralized platforms, which often struggle with high fees and low throughput, Hyperliquid’s custom-built Layer 1 chain solves these issues head-on. By developing a blockchain that is purpose-built for an order book-based perpetual futures exchange, Hyperliquid has bypassed the performance limitations of general-purpose blockchain. This allows the platform to offer low fees and near-instantaneous transactions, making it the perfect venue for traders seeking low-latency environments and advanced trading strategies.

With block latency of under 1 second and the capacity for 100k orders per second during its current mainnetnet, Hyperliquid is set to expand even further. The platform’s networking stack and consensus ensures that it can scale to support millions of orders per second, guaranteeing that the system can handle future demand.

What Users Can Expect

Hyperliquid offers perpetual trading on more than 20 assets, with USDC as the main collateral and up to 50x leverage. This flexible trading system includes advanced features such as isolated and cross margin, as well as take-profit (TP) and stop-loss (SL) orders. With no size limits on trades and a seamless user interface Hyperliquid offers professional-grade tools for all traders, from novices to institutional investors.

Gas fees on Hyperliquid are minimal, with each transaction costing less than $0.001 in USDC. This is made possible by efficient design, which focuses exclusively on the exchange state machine rather than general-purpose smart contracts. Additionally, the platform will launch with zero trading fees, making it even more attractive to new users.

Luganodes X Hyperliquid: Institutional-Grade Infrastructure for Traders

As the only top institutional validator on Hyperliquid, Luganodes plays a crucial role in maintaining the security, scalability, and integrity of the Hyperliquid network. With our experience in managing institutional-grade staking infrastructure, Luganodes ensures that Hyperliquid can meet the needs of all traders.

In addition to running validators, Luganodes will support the continued growth and development of Hyperliquid’s ecosystem, offering strategic support and operational expertise to ensure the network remains at the forefront of decentralized trading. This partnership reflects our commitment to pushing the boundaries of blockchain technology, as we work alongside Hyperliquid to redefine what’s possible in on-chain financial systems.

Conclusion

By combining Hyperliquid’s performance-driven Layer 1 with Luganodes’ robust infrastructure, we are building an ecosystem that delivers unmatched speed, security, and transparency for decentralized financial applications. As Hyperliquid approaches its mainnet beta launch, Luganodes is proud to be part of this transformative journey, ensuring that the platform remains secure, scalable, and capable of meeting the growing demands of on-chain trading. With the success of the DEX, we also look forward to future developments on Hyperliquid, including—but not limited to—a native token standard, spot trading, and permissionless liquidity.

About Luganodes

Luganodes is a world-class, Swiss-operated, non-custodial blockchain infrastructure provider that has rapidly gained recognition in the industry for offering institutional-grade services. It was born out of the Lugano Plan B Program, an initiative driven by Tether and the City of Lugano. Luganodes maintains an exceptional 99.9% uptime with round-the-clock monitoring by SRE experts. With support for 45+ PoS networks, it ranks among the top validators on Polygon, Polkadot, Sui, and Tron. Luganodes prioritizes security and compliance, holding the distinction of being one of the first staking providers to adhere to all SOC 2 Type II, GDPR, and ISO 27001 standards as well as offering Chainproof insurance to institutional clients.

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