Crypto News: Hyperliquid to Launch HIP-3 Upgrade for Permissionless Perp Markets
The post Crypto News: Hyperliquid to Launch HIP-3 Upgrade for Permissionless Perp Markets appeared on BitcoinEthereumNews.com.
Hyperliquid HIP-3 upgrade enables permissionless perpetual futures markets, boosting decentralization and HYPE token’s value. Hyperliquid is set to activate its HIP-3 upgrade on October 13, 2025. The upgrade will allow users to create perpetual futures markets without needing permission from a central authority. This move is a significant step toward decentralizing the platform, providing more freedom for developers and traders. The news has generated excitement, as it opens up new opportunities in decentralized finance (DeFi). Key Features of HIP-3 and Its Purpose HIP-3 is a protocol upgrade that enables permissionless creation of perpetual futures markets on Hyperliquid. Until now, deploying a market on the platform required approval, limiting the types of perpetual markets available. With HIP-3, developers can deploy their own markets once they meet specific on-chain requirements. This change will give users more freedom and flexibility to create new markets without waiting for platform approval. > Hyperliquid HIP-3> Proposal: May 2025> Goal: Fully decentralize perp markets > Allow anyone to build and deploy perps on HyperCore> Stake 500k $HYPE to launch a market> Builds on HIP-1 token standard and HIP-2 liquidity > Perp prediction markets can be built> Will be… pic.twitter.com/zPzuDNd0yi — Param (@Param_eth) October 13, 2025 The goal of HIP-3 is to fully decentralize the listing process for perpetual futures. This opens the door for a wider variety of markets to emerge, enhancing the platform’s diversity. By allowing permissionless deployments, Hyperliquid aims to attract more developers and traders, making the platform more competitive in the DeFi space. Technical Aspects and Security Measures of HIP-3 One of the key technical components of HIP-3 is the integration with HyperEVM. This upgrade allows for better smart contract execution and governance on the network. It ensures smoother operations for both deployers and traders, improving the overall user experience. The integration of…
Filed under: News - @ October 13, 2025 8:31 pm