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HYPEBULL2X amplifies Hyperliquid price change by two times. If Hyperliquid climbs 5% in price, HYPEBULL2X goes up 10% in price. The token does not liquidate, and maintains constant leverage to achieve higher growth potential than a regular 2x long.
Actual leverage is monitored within the target range

If leverage goes outside the target range, it’s rebalanced back to the target leverage

Because of the constant re-leverage, when price keeps moving in one direction, it acts like a power perpetual

To learn more about how leveraged tokens workread our docs.