Introduction

Why Paragon?

• Native Hyperliquid listing - Trade on app.hyperliquid.xyz where your capital sits
• Standard perp mechanics - Same margin, liquidation, and order types you know
• Transparent methodology - Published index constituents and weightings

Quick Links

Action	Link
Start trading	app.hyperliquid.xyz
Browse markets	Crypto Indices

Built on Hyperliquid

Paragon deploys via HIP-3, inheriting Hyperliquid's:

• Low-latency order matching
• Deep liquidity infrastructure
• Battle-tested margin and liquidation systems
• Direct listing on app.hyperliquid.xyz

No new venue. No fragmented liquidity. Your capital stays where it is.

→ Learn about HIP-3 Integration

HIP-3 Metadata

Field	Value
Name	para
Full Name	Paragon
Deployer	0x8888888c43cbb7e1c4132542e46831bffd866ed3
Oracle Updater	0x764Ed9D59C91a2C653Fd50C43585917366244335

Transparent Methodology

Every index follows a published, auditable methodology:

• Constituent list and weightings publicly available
• Real-time price updates from multiple data sources
• Daily rebalancing with clear rules

Market makers can hedge efficiently. Traders can verify what they're trading.

→ External Pricing