Why Paragon?
The Gap
Traders reference TOTAL2, BTC.D, and OTHERS daily. These indices shape narratives and drive decisions—yet remain non-actionable.
Paragon makes them tradable.
What We Enable
Trade market indices as perpetual futures on Hyperliquid with up to 20x leverage.
Unfamiliar tickers
Same indices you track on TradingView
New venue required
Native on app.hyperliquid.xyz
Learning curve
Standard perp mechanics you already know
Use Cases
Macro exposure — Go long TOTAL2 for broad altcoin beta without picking tokens.
Dominance trades — Long BTC.D when Bitcoin outperforms; short it during alt season.
Portfolio hedging — Short index exposure to offset spot holdings without selling.
Relative value — Pair index positions against single-asset perps for spread trades.
Why Indices Matter
Index futures dominate traditional markets (~10% of global derivatives volume) because they enable macro exposure, hedging, and relative value strategies impossible with single assets.
Paragon brings this toolkit to crypto.
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.
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.
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