XPL on Hyperliquid continues to pump, breaking through $1.1, with a 36% premium over CEX.

On August 29, XPL on Hyperliquid continued to pump, breaking through 1.1 USD, with the current annual funding rate reaching 254%, which represents a 36% premium compared to the 0.808 USD on CEX. Hyperliquid implemented a new mark price calculation method for pre-market Perptual Futures at dawn yesterday, where the contract mark price will use the conventional mark price formula, combined with the prices of external Perptual Futures before going live (if available).

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