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Hyperliquid employees: The mark price will use the conventional mark price formula combined with the external pre-launch Perptual Futures (perp) price.
Odaily News According to market news: Hyperliquid employees stated that, based on user feedback, the Hyperp mark price will use the regular mark price formula, combined with the price of perpetual futures (perp) before external launch (if any). This does not have a significant impact on the vast majority of users and instances, but it can improve the robustness of the system. It is important to clarify that this will not affect the funding rate or realized PNL.