Perps

Perpetuals are coming to Hyperlynx in month 2. When they launch, they'll carry the highest points multipliers in The Hunt.

Perps are not live yet. Spot swaps, concentrated liquidity, and tokenized stocks are live from day one. This page covers what to expect when perps open.

Why perps matter for The Hunt

When perps launch, they become the highest-weighted trading surface in the program:

Position type	Multiplier
Maker / limit orders	×1.5
Taker	×1.3
Spot swaps	×1.0

Maker orders earn the highest multiplier in the program because they add depth to the book — they make the venue better for everyone.

What to expect

• Standard perpetual mechanics — hold a leveraged long or short with a funding rate.
• Points accrue on every fill, fee-weighted, with the maker/taker split above.
• Perps feed into the same 30% trading pool as spot — so high perp volume earns a large share of that bucket.

Until then

Stack points now through spot and liquidity during Genesis (the 2× window). When perps launch in month 2, you'll have loyalty and a pack already built — the best position to enter the highest-multiplier surface.

See How to earn for the full multiplier picture.