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Değişiklik günlüğü

Hyperliquid'de neler değişti

Ücret çizelgeleri oynar, kaldıraç limitleri değişir ve makaleler sessizce eskir. Burası, neyin değiştiğini ve bunu ne zaman fark ettiğimizi kaydettiğimiz yer.

Kayıtlar İngilizce yazılır ve çevrilmez; böylece ifadeler o an kaydettiğimiz kaynakla birebir aynı kalır.

Turkish is finished: all seven sections, 104 guides, the same site as the other three

Turkish launched on 14 September with the chrome and one section, and the home page said so rather than hiding it. Four days later the remaining six sections are translated: trading, fees, earn, ecosystem, troubleshooting and comparisons. A Turkish reader now gets the whole site, and nothing on it links out to English any more.

When Turkish launched on 14 September it had the full chrome and one section: the thirty-two getting-started guides. The other six were English, and the Turkish home page said so on the card rather than quietly linking out.

Those six are now translated. trading (24 guides), fees (5), earn (8), ecosystem (11), troubleshooting (5) and the comparison section (19) brings Turkish to 104 guides — the same count as English, Russian and Spanish, with the same sections and the same slugs.

What changed for a Turkish reader

Every link on a Turkish page now points at a Turkish page. That sounds small and it is the whole point: the failure mode of a translated site is a reader who follows three links and lands in a language they did not choose.

Two places were still doing that and have been fixed. Two of the wallet guides linked the deposit troubleshooting checklist in English, because no Turkish version existed when they were written. And the Turkish referral page carried two links marked (İngilizce) to the fee-reduction guide and the account guide, left over from before those sections were translated. All four now resolve in Turkish.

The comparison hub is the other visible change. /tr/compare/ already existed, because its venue table — sixteen exchanges, every fee, custody model and identity-check note — was translated from the start and is most of the page. But the “Ayrıntılı karşılaştırmalar” block underneath it stood empty, because there were no Turkish comparison guides to list. There are nineteen now.

What we did not do

We did not machine-translate and ship. Every guide was written against its English source with the same structure, the same components and the same figures, which come from the data layer in all four languages rather than being typed into the prose. That is why a fee change costs no translation work, and why the Turkish pages carry the same verifiedAt dates as the English ones rather than pretending to a freshness they do not have.

We also did not translate the long tail of market pages. Turkish gets the same frozen subset Russian and Spanish get — the assets people actually search by name. A page per market per language is the doorway pattern, and it is the one change most likely to harm the domain.

The two Turkish-specific traps, recorded

Both cost a rebuild before they were understood, and both are now written down at the top of the Turkish dictionary so the next person does not repeat them.

Turkish dropped the circumflex, so resmi means two different things. The picture (resim) in its accusative form and the word for official collapse into the same string, and this site bans the second word on every page because claiming to be official would be a lie. Any picture metaphor in Turkish therefore has to be rewritten — bütün, tablo, genel görünüm.

Percent signs go after the number, against Turkish convention. Turkish writes %4. Every figure rendered by a component comes out as 4%, and a page that mixes both forms looks broken. Consistency inside the page beats the convention here.

Where the site stands

Four languages, 104 guides each, 1,122 URLs. English, Russian, Spanish and Turkish are now equal, which means the rule runs forward from here: a new English guide is not finished until it exists in all four.

Twelve more venues in the comparison data, and a Lighter fee page that moved

The comparison section grows from four venues to sixteen, each verified against the venue's own documentation on the same day. Two of them are cheaper than Hyperliquid on every published number, and the pages say so.

The comparison pages were built on four third-party venues because those were the four whose fee schedules we could read from the venue’s own documentation. Fourteen rows in the content plan were marked skipped for the same reason: writing them would have meant typing a figure we had not seen.

Today twelve of those rows are live. Each venue’s entry-tier maker and taker rates, leverage ceiling, custody model, identity requirement and US availability were read from that venue’s own pages on 14 September 2026, and the four original venues were re-read the same day so that the single verification date on every table is true for all of them. Three things came out of the exercise that are worth recording.

Two venues are cheaper than Hyperliquid on every published number

MEXC lists a zero maker fee and a taker fee below Hyperliquid’s entry tier, and Coinbase Advanced currently charges a zero maker fee and a lower taker fee than Hyperliquid on perpetuals, which Coinbase itself labels promotional. Both pages say so in the first paragraph. A comparison site that earns a commission from one side has exactly one way to be worth reading, and it is not to hide the rows where the other side wins.

Pools do not have a maker side

GMX and Jupiter Perps fill trades against a liquidity pool at an oracle price and charge one position fee per trade, with price impact and borrowing fees on top. A maker/taker table cannot hold that honestly, so the comparison table now says “per trade, no maker/taker split” for those venues instead of inventing a maker rate, and the venue list marks the maker cell the same way.

Lighter moved its fee page

The URL we cited for Lighter’s fee schedule now returns a not-found page. The figures are unchanged at the new address, and every page that cited the old one now cites the new one. A citation that no longer resolves is a small thing until the day someone checks it, which is the day it matters.

What was not built

Drift Protocol was exploited in April 2026 and relaunched as Velocity in a private beta in August. Its published schedule exists, but its maximum leverage is set per market on the live program rather than published, and a venue in private beta is not something a reader can act on today. The row stays skipped with that reason recorded. Every other skipped comparison row is now done.

Russian and Spanish are complete: the last twenty start pages

The getting-started section was twelve pages of thirty-two in Russian and Spanish, so a reader who arrived in either language could learn what the exchange is but not which wallet to use. All twenty are now translated, and with them every guide on the site exists in all three languages.

Russian and Spanish have had the full site chrome since the beginning: the glossary, the FAQ, the hubs, the calculators, the legal pages. What they did not have was the long tail of the getting-started section. Twelve of its thirty-two pages existed in each language, and the twenty that did not were the ones a beginner needs most: how to connect each individual wallet, how to deposit by each individual route, what a first trade actually looks like, and whether the exchange is available where they live.

That gap had a particular shape. A Russian or Spanish reader could learn what Hyperliquid is, how to create an account and how to withdraw, and then hit English the moment they asked “but which wallet?” — which is the question almost everyone asks second.

All twenty are now live in both languages: the seven wallet guides, the three deposit routes, four more country pages, the beginner checklist, the course reading order, the identity-check page, the first-trade walkthrough, the how-much-money page and the mobile-app page. Every guide on the site now exists in English, Russian and Spanish.

What we checked, beyond the words

A translation can be accurate sentence by sentence and still be wrong as a page. Three checks ran against every file.

Structural parity. A translation must have the same number of sections and the same number of screenshots as its English source. This is checked mechanically rather than by memory, because an English page that gets rewritten without its translations following is invisible otherwise — it happened twice before, and both times a whole section quietly went missing in Russian and Spanish while every date still looked current.

One word per concept. The recurring defect in this project has never been a mistranslation. It is a split: a later page rendering “collateral” or “funding” differently from the pages already published, so the site reads as though several people wrote it. Before writing anything we counted how all 82 existing translated guides render each term, took the site’s own glossary as the tiebreaker, and held every new page to that list. The finished section has no splits in either language.

Dates that cannot lie. Every figure on the site comes from one data layer, so a translated page cannot claim its numbers were verified on a later date than the English page showing the same numbers. The verification dates are copied from the source, not stamped with the day the translation was written.

One correction

Last week’s entry said the comparison section was complete in all three languages. It was eighteen of nineteen: the no-KYC roundup had never been translated. It has been now, so the claim is true as of today. The uncomfortable part is that the count was wrong in a public changelog entry for a week, on a site whose argument is that it checks things. Recording it here is the only useful response.

What is left

Nothing, on translation. Every guide exists in all three languages, and the next translated page will be a new guide rather than a backlog item. The three outstanding screenshots are still outstanding, and they still need a real position open on the exchange rather than an image model.

Turkish is the fourth language, starting with the whole getting-started section

Turkey is one of the largest retail crypto markets in the world and had no independent Turkish-language guide to this exchange. The site now speaks Türkçe: the full chrome, the legal pages, the calculators and all thirty-two getting-started guides, with the trading and fees sections still in English and marked as such.

Turkish joins English, Russian and Spanish. A Turkish reader now gets the same site the other three get: the glossary, the FAQ, the hubs, the three calculators, the market pages, the legal pages, the consent banner and the corrections log, all in Türkçe — plus every one of the thirty-two getting-started guides, from what the exchange is to which wallet to use to how to get money back out.

Turkey was the obvious next language rather than the biggest one. It is among the largest retail crypto markets anywhere, Hyperliquid does not restrict it, and searching for any of these questions in Turkish returns translated marketing copy or nothing at all.

What is not translated yet, and how you can tell

The trading and fees sections are still English. That is deliberate and it is visible: the Turkish home page links those hubs as English pages and says so, the menu is built from the pages that exist rather than from a list, and a page with no Turkish version carries no Turkish hreflang at all. Nothing here serves a Turkish URL with English text inside it, which is the failure mode that makes a translated site worse than an untranslated one.

Three things that changed for every language, not just Turkish

Adding a fourth language surfaced three defects that had been shipping in Russian and Spanish for days.

Structured data claimed the wrong language. The JSON-LD on every page said inLanguage: en-US, including the ~600 Russian and Spanish pages whose <html lang> correctly said otherwise. It now reads the page’s own locale.

Some in-page links were prefixed without checking. Eight components built links to guides by prefixing the locale directly. That is only correct while a language is complete: from a Turkish page it produced /tr/trading/leverage/, a 404, reachable from 76 pages. Those links now resolve to the translation when there is one and to the English page when there is not, tagged so the language change is declared rather than silent.

The header could not survive a fourth language. The language switcher was a row of full native names, so it grew by about 60px per language; the fourth one pushed the header past the viewport at 1024px and 1280px in every language, English included. It now shows two-letter codes, keeping the full name in the link’s accessible name, so the row costs the same no matter how many languages there are.

The Turkish header was then measured at 390, 700, 940, 1024, 1141, 1201, 1280, 1440, 1560, 1680 and 1920 pixels, alongside the other three, rather than checked by eye.

Site launch, and three numbers the internet has wrong

Hyperliquid Academy goes live with a data layer that reads the fee schedule and the live API on every build. Along the way we found three widely repeated figures that no longer match the exchange.

Hyperliquid Academy is live. The premise is narrow and, we think, useful: no number on this site is typed into a page by hand. Fee tiers, staking discounts, margin tiers, funding constants and every market figure come from one data layer that is rebuilt from the published documentation and the exchange’s public API, and every page carries the date it was checked.

Building that layer surfaced three figures that are repeated across most Hyperliquid coverage and no longer match the exchange.

Maximum leverage is 40x, not 50x

Read from the exchange’s own market metadata, the highest leverage available is 40x, and it applies to BTC alone. ETH allows 25x, SOL and XRP 20x, and the large majority of markets sit at 3x to 10x. The published margin tiers also step BTC down to 20x above $150M of notional, so even the headline number is conditional on position size.

The 50x figure appears in a great many current articles. It is from an earlier schedule.

Deposits are no longer Arbitrum-only

Nearly every walkthrough still says to bridge USDC to Arbitrum first. Arbitrum works and remains convenient, but the deposit window now accepts USDC from Ethereum, Base and Polygon as well, plus native BTC from Bitcoin, ETH and ENA from Ethereum, several Solana assets, MON from Monad, XPL from Plasma, AVAX from Avalanche and ZEC from Zcash. Non-USDC deposits arrive as spot holdings and have to be sold before they can back a perpetual position, which is the part worth knowing in advance.

You can log in with an email address

There is now an email login that sends a six-digit code and creates a wallet for you, with no extension and no signature step. Guides that describe a wallet as mandatory are describing an older onboarding flow.

What is here at launch

Sixteen guides across getting started, trading mechanics and fees. A page for every live perpetual market with its price, funding rate, open interest and real leverage ceiling. Three calculators for fees, liquidation price and funding cost. A glossary and an answer-first FAQ.

What is next

Country availability pages, wallet-by-wallet connection guides, the earn and ecosystem sections, and exchange comparisons. Then translations, starting with the languages where most Hyperliquid users actually are.

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