HyperliquidHi guys, I’m trying to understand how Portfolio Margin works for HIP-3 xStocks on Hyperliquid, especially when some xStocks support Cross Margin while others are Isolated-only. My understanding is that with Portfolio Margin enabled, spot assets like HYPE can act as collateral across the account — but I’m unclear how this interacts with isolated positions. A few questions: 1. If I have Portfolio Margin enabled and hold HYPE as collateral, can an isolated-margin xStock position access or “borrow” from that collateral, or is isolated margin strictly limited to its own allocated margin? 2. If an isolated xStock position moves against me and starts taking losses, can the system draw from my HYPE collateral to prevent liquidation, or is HYPE collateral only used to support cross-margin positions? I’d appreciate clarification from anyone who has tested this
Hi guys, I’m trying to understand how Portfolio Margin works for HIP-3 xStocks on Hyperliquid, especially when some xStocks support Cross Margin while others are Isolated-only. My understanding is that with Portfolio Margin enabled, spot assets like HYPE can act as collateral across the account — but I’m unclear how this interacts with isolated positions. A few questions: 1. If I have Portfolio Margin enabled and hold HYPE as collateral, can an isolated-margin xStock position access or “borrow” from that collateral, or is isolated margin strictly limited to its own allocated margin? 2. If an isolated xStock position moves against me and starts taking losses, can the system draw from my HYPE collateral to prevent liquidation, or is HYPE collateral only used to support cross-margin positions? I’d appreciate clarification from anyone who has tested this