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    Paragon

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    TL;DR

    Paragon transforms market indices into tradable instruments on Hyperliquid.

    Dossier

    ## Overview Paragon is a trading terminal built on Hyperliquid that enables traders to access and trade market indices as standalone instruments. Rather than requiring manual construction of index positions across multiple assets, Paragon transforms aggregated market indices into directly tradable products. This approach simplifies exposure management for traders who want to gain broad market participation or hedge against specific market segments without executing dozens of individual trades. The platform operates within the Hyperliquid ecosystem, which provides a decentralized perpetual futu