Hyperliquid enhances TWAP orders with trigger prices, dynamic intervals, and week-long durations

Hyperliquid just made it significantly harder for centralized exchanges to claim they offer superior order tooling. The Layer 1 blockchain built for decentralized trading rolled out a sweeping upgrade to its Time-Weighted Average Price (TWAP) order system, adding trigger prices, min/max price boundaries, durations up to seven days, and dynamic suborder intervals. What changed, and why traders should care Previously, Hyperliquid’s TWAP implementation was functional but rigid. Traders were stuck with fixed 30-second suborder intervals, a maximum slippage cap of 3% per suborder, and relatively high minimum order sizes. Trigger prices now allow TWAP orders to activate only when the mark price reaches a specified level. You can set a TWAP to start executing only if Bitcoin hits $65K, rather than having it fire immediately upon submission. Max and min price boundaries add another layer of protection. If you’re running a buy order and the price spikes above your maximum threshold, the order terminates automatically. Same logic applies in reverse for sells. Duration has been extended to seven days. This went into effect on August 1, 2026, at 09:00 UTC. Dynamic suborder intervals allow the ...