AI TRENDS | Traders Face High Costs for Leveraged Anthropic Exposure on Hyperliquid

Traders on the Hyperliquid platform have incurred significant costs to maintain leveraged long positions in Anthropic through synthetic contracts. According to NS3.AI, these traders paid annualized funding rates of 8,700%, resulting in longs paying over 15% of their position size within a 48-hour period. Notably, the synthetic contract does not offer actual shares of Anthropic, highlighting the high expense and risk associated with this type of exposure.