CoinVoice has recently learned that Hyperliquid implemented a new mark price calculation method for pre-market perpetual contracts early this morning. This change caused the funding rates for WLFI and XPL to surge dramatically, with WLFI's annualized funding rate increasing from 11% to 100%, and XPL's annualized funding rate rising from 11% to 800%. As of the time of writing, XPL is quoted at $0.66 on Hyperliquid, representing a 22.6% premium over Binance's $0.538. WLFI is quoted at $0.292 on Hyperliquid, showing a 13.6% premium over Binance's $0.257. [Original link]
