Silhouette Adds Bitcoin and HYPE Perpetuals to RFQ Trading
Photo: TokenPost
Silhouette now lets traders seek competing quotes for perpetual contracts tied to Bitcoin (BTC) and Hyperliquid (HYPE) on HyperCore before their orders are matched on Hyperliquid’s order book. To request a price, a trader selects the market, a buy or sell direction, the order size and a price cap. Multiple market makers can each quote for the entire requested amount. The trader then picks a quote and signs the order. Once signed, Silhouette posts the market maker’s side to Hyperliquid’s order book and pairs it with the trader’s order.
Source: TokenPost
