Hyperliquid's upcoming network upgrade will change the funding rate cap from four percent per hour.
Core Change Arrives In The Next Upgrade
Hyperliquid will reduce its funding rate cap from 4% per hour to 0.5% per hour in the next network upgrade, according to a September 27 update. The change follows user feedback, and the cap is rarely reached.
Funding Rates And A Lower Ceiling
Funding rates are periodic payments in perpetual markets that help contract prices track spot prices. A cap limits extreme payments during volatile conditions. A lower ceiling can reduce worst-case funding costs, but may also change compensation for participants holding crowded positions.
HIP-4 Builder Limits Will Also Rise
The upgrade raises HIP-4 result contract deployment limits. A single deployer can hold up to 200 active result contracts, up from 100. Daily deployment rises to 1000, up from 500. The adjustment follows developer feedback.
What To Watch Next
The impact depends on when the upgrade is implemented and how traders and builders respond. The lower cap may alter position-holding costs during volatility, while higher HIP-4 limits may allow more result contracts to remain active or be deployed within a day.
Tags: Hyperliquid, funding rate, HIP-4, network upgrade
Risk Disclosure
This article is provided for informational purposes only and does not constitute investment, financial, or trading advice. Cryptocurrency and perpetual futures products are highly volatile and may result in significant losses. Changes such as funding rate caps or network upgrades may affect trading costs, market behavior, and liquidity in ways that are difficult to predict. Readers should conduct independent research, assess their own risk tolerance, and consult qualified professionals before making any decisions.
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