Paragon Tests HYPE² Power Perps for Convex Trading on Hyperliquid
Key Highlights: Paragon’s HYPE² power perpetual is designed to deliver convex exposure to the price of HYPE without a strike price or expiry date. A 20% rise in HYPE translates into roughly a 44% gain in the HYPE² index before funding fees. Leverage significantly increases risk: a 2× long HYPE² position is liquidated after an ...