ParagonParagon is a crypto-native market infrastructure project developed by N8V Labs and deployed on the Hyperliquid network via the HIP-3 permissionless upgrade.The project focuses on creating standardized methodologies for widely followed market narratives, analytical concepts, and macro indicators, turning them into tradeable financial instruments. It enables trading of perpetual futures contracts based on indices that were previously used primarily for charting and analysis (such as Bitcoin dominance, TOTAL2, and others).Paragon's instruments operate on Hyperliquid's underlying infrastructure, utilizing its low-latency order matching and liquidity. The markets can be accessed directly through Hyperliquid's native interfaces, including desktop, mobile, and API.
