Asset Intelligence / Hyperliquid Context
USA100
Market guides and dated reports for USA100. Browse recent coverage below or use the archive pages to find older articles.
Archive Summary
Latest Archived Thesis
USA100 Halves Into Felix's Shutdown While the Real Nasdaq 100 Sits Near Highs
USA100 is a Felix-deployed Hyperliquid perp that tracks the Nasdaq 100, and its mark has fallen 47% in 17 hours to roughly 15,900 — about half the level of the index it is supposed to follow. The real Nasdaq 100 is not down. It closed near 30,544 on June 15, within reach of record highs. The gap is the wind-down: Felix announced on June 8 that it is shutting its entire HIP-3 DEX on June 20, and with the deadline hours away, USA100's abandoned order book has decoupled from the benchmark it once tracked.
Archive
USA100 Article Archive
USA100 Halves Into Felix's Shutdown While the Real Nasdaq 100 Sits Near Highs
USA100 is a Felix-deployed Hyperliquid perp that tracks the Nasdaq 100, and its mark has fallen 47% in 17 hours to roughly 15,900 — about half the level of the index it is supposed to follow. The real Nasdaq 100 is not down. It closed ne…
How to Trade USA100 on Hyperliquid
USA100 is a HIP-3 perpetual futures contract tracking the Nasdaq 100 index, deployed by Felix Protocol on Hyperliquid. It gives onchain traders direct exposure to the 100 largest non-financial companies listed on Nasdaq — including Nvidi…
Background reading selected from this asset's symbol, builder context, and archived catalyst coverage.
What Is HYPE? Hyperliquid's Native Token Explained
HYPE is the native token of Hyperliquid, the largest on-chain perpetual futures exchange. Used for staking, gas, governance, and fee discounts, HYPE has a unique economic model: zero VC allocation, protocol-level buybacks exceeding $1 billion, and dual burn mechanisms that have made it net deflationary.
How to Stake HYPE on Hyperliquid: APY & Rewards
Delegate HYPE to validators to earn staking rewards with automatic compounding on Hyperliquid. Step-by-step setup, validator selection, trading fee discounts, and how unstaking works.