Hyperliquid launches CASHCAT perpetuals with up to 3x leverage

Hyperliquid on July 11 listed perpetual-style contract trading for CASHCAT, a meme coin on Robinhood Chain, with leverage of up to 3x, marking its first new crypto token contract listing since CHIP on April 22. Soon after the launch, a wallet identified by Onchain Lens as a top-performing Hyperliquid trader opened a 3x short position on 1.85 million CASHCAT; BlockBeats reported the wallet has cumulative historical profit of $97.2 million and the position was showing a $17,900 floating gain. The TON rebrand to GRAM was not counted as a new listing.

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