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Paragon tests HYPE squared Power Perps for convex trading on Hyperliquid

Crypto Briefing·November 12, 2026·1 min read
Paragon tests HYPE squared Power Perps for convex trading on Hyperliquid

Paragon is testing HYPE squared Power Perps on Hyperliquid for convex trading. The new product offers uncapped gains with simplified mechanics but amplifies risk exposure. The test could revolutionize trading if successful, though the increased risk profile may deter some traders.

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