On-Chain Perp US Regulatory & Liquidity Sandbox

Position & Margin Configuration

BTC-PERP (HIP-3 Bitnomial)

Asset Contract Pair Mark: $62,840.58

Collateral Deposit (USDC) $50,000

Leverage Multiplier 5x

Margin Isolation Mode

U.S. Regulatory Compliance Tier

Hyperliquid Liquidity Pool Tier

Risk Telemetry & Clearinghouse Metrics COMPLIANT_SECURE

Position Notional (USD) $250,000

Liquidation Price $54,200.0

Initial Margin Req 20.0%

Maintenance Margin Req 6.25%

Est. Funding Rate (1h) 0.0012%

Insurance Fund Coverage 99.4%

Margin Safety Ratio 3.20x Safety Buffer

FCM Client Custody ✓ NinjaTrader Clearing

Regulated Settlement DCM/DCO ✓ Bitnomial Exchange

On-Chain Execution Route ✓ Hyperliquid HIP-3 Bridge

Clearinghouse State ✓ COMPLIANT_SECURE

HyperliquidX L1 Order Book Depth & Liquidation Wall

Visualizing real-time bid/ask liquidity absorption against Bitnomial buffer

STEADY MARKET

Architecture Note (Payward × Hyperliquid): Under Payward's CFTC regulatory framework, U.S. clients access bespoke contracts via Bitnomial (CFTC-registered designated contract market and derivatives clearing organization) and NinjaTrader Clearing FCM. Hyperliquid’s HIP-3 protocol mirrors native L1 order book liquidity without offshore exposure, keeping customer deposits in segregated U.S. accounts while enforcing stricter 10x leverage caps.