Hyperliquid adds trailing stop for perpetual futures
- —Trailing stop is available for longs and shorts on the perpetual futures market
- —For longs the count starts from the mark price high, for shorts from the low
- —Trailing width is set as a fixed interval or percentage
- —An activation price can be set, otherwise the count starts from the mark price at the time of the order
Why it matters: It expands the risk-management toolkit on the largest on-chain derivatives venue, which could attract active traders.
Source: TokenPost