Bankless · Tuesday, July 7, 2026
Tushar Jain highlighted portfolio margining as the most compelling aspect of Hyperliquid, enabling users to trade various assets and derivatives within a single collateral account. This feature allows for cross-margining, where gains in one position can offset losses in another, fostering powerful compounding returns and creating a competitive advantage against new entrants.
“I think it's portfolio margining, actually, because a lot of the value of the everything exchange is being able to go and trade Bitcoin and ETH and oil and gold and event contracts on World of Fed raise rates or cut rates And options all in one place with one collateral balance, cross margining between everything.”
“So to me, portfolio margining is the most exciting because it empowers all of the other categories of products.”
“Now, I might need help actually understanding technically portfolio margining. So maybe you can explain that to me and the listeners because all perp decks is all margin. It's all leverage inherently. Is there is portfolio margining something different than that?”