It's not just me who thinks so.
Think this change being pushed by the validators would be a huge step forward for hyperliquid hip3.
(still think spot stocks are needed eventually)
I think the last thing that is preventing me from trading stocks on HL is the funding. HL funding formula uses a fixed 0.01% interest rate per 8 hours which annualizes to ~11% per year. It is true that it is somewhat the current risk adjusted rate of crypto, but I believe we should open the debate again on this now widely accepted parameter. As part of the latest aligned quote asset upgrade, a risk free rate is now being pushed on chain by validators and it could be used to adjust that fixed interest rate parameter.
Thank you for your attention to this matter.
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