Hyperliquid has rolled out an upgrade to its time-weighted average price (TWAP) orders, adding trigger prices, dynamic intervals, and the ability to run orders for up to a week. The move is designed to give decentralized trading tools a stronger footing against centralized exchanges.
What the TWAP upgrade includes
TWAP orders let traders break a large trade into smaller chunks over a set period to reduce market impact. Hyperliquid's new version adds a trigger price — the order only starts executing once the market hits a specified level. That gives traders more control over entry points without constant monitoring.
Dynamic intervals adjust the time between each slice based on market conditions. If volatility spikes, the system can slow down execution to avoid slippage. The week-long duration option is the longest available on any decentralized platform, according to the company. Previously, TWAP orders on Hyperliquid maxed out at shorter timeframes.
Centralized exchanges have long dominated the market for algorithmic and large-order tools. By adding features like trigger prices and extended durations, Hyperliquid aims to close that gap. The upgrade targets traders who need precision and flexibility but want to stay on a decentralized network.
The platform has been building out its order types over the past year. This TWAP enhancement is one of the more significant updates, directly competing with tools offered by Binance and Coinbase. Hyperliquid says the changes make its decentralized exchange a viable alternative for institutional-sized orders.
The enhanced TWAP orders are now live on Hyperliquid.
