hip-3

According to market news, Hyperliquid has recently attracted attention. HIP-3 has officially launched, achieving a trading volume of 500 million dollars on-chain within 24 hours. Currently, more than 100 decentralized applications are being built, generating 94 million dollars in new revenue. In addition, Hyperliquid has introduced the "HIP-3 Growth Mode," reducing transaction fees by 90% to explore new markets.

According to CoinDesk, the decentralized exchange Hyperliquid has launched the HIP-3 growth model, allowing anyone to deploy new markets without permission and significantly reducing fees to enhance liquidity.This feature reduces the total acceptance fees for newly launched markets by over 90%, from the usual 0.045% to 0.0045%-0.009%. For top staking and trading volume tiers, the fees can be further reduced to 0.00144%-0.00288%.

ChainCatcher news, according to The Block, Hyperliquid is expected to activate a significant protocol upgrade HIP-3 later, which will support the creation of perpetual futures markets without permission. A Hyperliquid administrator announced in the protocol's Discord channel that the network upgrade will include the activation of HIP-3.The administrator stated, "HIP-3 will be enabled during this network upgrade. There will be no immediate changes for users. Once the deployers meet the on-chain requirements and are ready, they can deploy perpetual contracts for trading." The project mentioned in a previously disclosed document that HIP-3 (Hyperliquid Improvement Proposal 3) will support perpetual contracts deployed by developers, marking a "key milestone in achieving a fully decentralized perpetual contract listing process."According to the document, after HIP-3 is enabled, deployers only need to stake 500,000 HYPE tokens to launch a perpetual contract DEX on HyperCore without permission. HIP-3 integrates with HyperEVM to enable smart contract and governance functionalities, and also includes safeguards such as validator slashing and position limits.