What Wins on Hyperliquid? Speed, Timing, or Carry? A Regime-Dependent Decomposition of Trading Edge in an On-Chain Perpetual Order Book

Boon Chuan Lim

doi:10.2139/ssrn.6820700

Market microstructure

What Wins on Hyperliquid? Speed, Timing, or Carry? A Regime-Dependent Decomposition of Trading Edge in an On-Chain Perpetual Order Book

Boon Chuan Lim · 2026

Status: Working paper / preprint
Year: 2026
Primary DOI: 10.2139/ssrn.6820700

This entry is a working paper or preprint. It is not listed as a published journal article. Consult the linked source for its latest version.

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SSRN 6820700 ↗

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Lim, B. C. (2026). What Wins on Hyperliquid? Speed, Timing, or Carry? A Regime-Dependent Decomposition of Trading Edge in an On-Chain Perpetual Order Book. Working paper. https://doi.org/10.2139/ssrn.6820700

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