FriendSpace Launches Transparent Trading Rooms on Hyperliquid

Transparent Trading Rooms Redefine How Community Trading Works

FriendSpace, a Base-based SocialFi platform, has rolled out a new feature called Transparent Trading Rooms, aiming to change how social trading works in crypto. The update allows creators to deploy shared community funds directly on Hyperliquid while keeping profits, losses and risks visible in real time.

In simple terms, creators trade with shared community funds, and everyone can see exactly how those trades perform in real time. 

The update, shared by Coin Bureau, has started gaining attention within the SocialFi and Base communities. While it's still early, the response so far has been mostly positive, especially from users tired of closed trading groups and blind trust. 

What Are FriendSpace Transparent Trading Rooms?

FriendSpace allows creators to open token-gated trading spaces where followers pool further together. These funds are then traded directly on Hyperliquid chain, a popular on-chain platform for perpetual futures.

What makes these rooms different is transparency. Every key holder can see live profit and loss, open positions, leverage levels, and past trades. Nothing is hidden. This helps users judge a trader’s real performance instead of relying on screenshots or promises.

The goal is to turn trading reputation into something visible and verifiable. As many users put it, “PnL is the resume.”

How It Works For Users: Infrastructure Access

FriendSpace is built on Base network, which keeps fees low and transactions fast. Each room uses “keys” that act as access passes and governance tools. 

Key holders can vote on important actions like withdrawing shared funds. In most cases, a two-thirds majority is required, which helps prevent sudden or unfair exits. Some rooms also share profits through performance-based rewards, giving followers a direct stake in the outcome. 

This structure turns followers into participants, not just spectators.

SocialFi and On-Chain Trading: A Crucial Sector

Social trading has often struggled with trust issues, paid hype, and unclear results. FriendSpace’s approach shifts the focus from attention to accountability. Trades happen on-chain, outcomes are public, and good performance is easy to verify.

There are still risks. Leveraged trading can lead to sharp losses, and early rooms may have limited liquidity. However, the transparent setup makes it easier for users to spot risks early and choose creators carefully.

Overall, FriendSpace’s transparent trading rooms mark a clear move toward more open and performance-driven SocialFi. It’s not a mainstream breakout yet, but it’s a strong step toward building trust in community-based trading.