Hyperliquid has made a significant move to enhance trading accuracy and market confidence with its updated mark price formula. This new formula integrates external pre-launch data into their existing system, aiming to increase the reliability of prices in the market. 75% of the decentralized perpetual futures market is currently held by Hyperliquid, driven by strong on-chain activity and cross-chain DeFi integration. The update also provides greater transparency for traders and a more accurate reflection of actual market conditions. This change will help attract institutional investors and further establish Hyperliquid as a leader in the decentralized future markets space.