From TokenPost · · 40s
PaperTrade Uses Hyperliquid Midpoint for Synthetic Pricing
PaperTrade uses Hyperliquid's midpoint to set synthetic Bitcoin and Ether prices.
In brief
PaperTrade uses Hyperliquid's midpoint to set synthetic Bitcoin and Ether prices. PaperTrade sets synthetic Bitcoin and Ether reference prices halfway between Hyperliquid's buy and sell quotes. Originally reported by TokenPost.
PaperTrade sets synthetic prices
PaperTrade uses Hyperliquid's top buy and sell quotes to set synthetic Bitcoin and Ether reference prices.
Changes affect both assets
Changes in Ether quotes can impact reference prices for both Bitcoin and Ether contracts even without matching perpetual positions.
Protocol-owned pool method
PaperTrade uses a protocol-owned pool to reflect external quote movements without direct trader matching.
What to remember
PaperTrade sets synthetic Bitcoin and Ether reference prices halfway between Hyperliquid's buy and sell quotes.
