#永续合约交易 Hyperliquid launches LIT perpetual contracts with up to 3x leverage. From the perspective of trading pair growth, the Perp ecosystem is indeed continuously expanding. The key points to observe are LIT's liquidity depth and whale positioning trends—new contract launches are often accompanied by capital testing. It is recommended to focus on the position distribution and capital inflow trends during the first week. If there are large single transactions in or out, it usually indicates institutional strategic judgment. In the short term, tracking the top holdings of on-chain contract addresses can better reflect the true market participant sentiment than just trading volume.