Points system
Hypermiles
Section titled “Hypermiles”Hypermiles is a points and rewards system designed for traders on Hyperliquid, a decentralized perpetuals exchange. It incentivizes trading activity by awarding points based on trade volume, with support for promotional campaigns and a referral program.
How It Works
Section titled “How It Works”Points: Every trade on Hyperliquid earns points based on position size in USD. The formula is:
points = position_usd × BASE_POINTS_RATE × campaign_multiplierWith a default rate of 1 point per $1 of trade volume, a $10,000 trade earns 10,000 points (before any campaign multiplier).
Campaigns: Promotional campaigns can temporarily boost earnings with higher multipliers (e.g. 3x or 5x) and can be scoped to specific assets. A “base” campaign (1x multiplier, all assets) is always active as the default.
Referrals: Each user gets a unique referral code. When a referred user trades, the referrer earns a 10% bonus on the points their referee earns — creating a passive reward for growing the community.
Leaderboard: Users are ranked by total points, with the top 50 tracked on a leaderboard viewable by all-time or current-week periods.
Future Rewards
Section titled “Future Rewards”Points earned through trading, campaigns, and referrals will be redeemable for rewards in the future. Details on the rewards program are coming soon — keep trading to accumulate points early.