the only reason ANYONE would long stocks on HL is to farm the airdrop. With the current mechanics (which are retarded) you are paying 0.18% funding rate EVERY 8 hours. Thats 197% A YEAR. IN FUNDING RATES for an asset that trades few hours 5 days a week. nobody will use this.
From X

Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.