Weekly Update

Product & Tech
+ HyperCore will support outcome trading (HIP-4), a primitive that enables options and prediction markets. Development is currently underway on testnet
+ app.hyperliquid.xyz now defaults new accounts to unified account mode, which merges spot and perps balances for the same quote asset. DEX abstraction will be discontinued in approximately 1 week. Market makers and high volume automated users should disable DEX abstraction and use standard mode for higher L1 rate limits. See https://hyperliquid.gitbook.io/hyperliquid-docs/trading/account-abstraction-modes for details on account abstraction modes

Trading
+ HIP-3 markets reached a new all-time high of $5.5B in 24-hour volume

New Teams on the HyperEVM & HyperCore (in no particular order)
+ Ripple Prime clients can now trade on Hyperliquid, marking Ripple's first defi integration: https://x.com/Ripple/status/2019048504576864658
+ FalconX prime brokerage clients can now trade on Hyperliquid: https://x.com/FalconXGlobal/status/2021012720498192676
+ Zerion integrated Hyperliquid perps via builder codes: https://x.com/zerion/status/2019080961758241053
+ Silhouette launched shielded trading of HYPE/USDC: https://x.com/silhouette_ex/status/2019006577575895336
+ Coinbase added support for spot HYPE: https://x.com/CoinbaseMarkets/status/2019454256567181688

Community Highlights
+ Chris Ling shared an open source CLI to interact with Hyperliquid: https://x.com/chrisling_dev/status/2018332220117934193