HyperLiquid Enables Autonomous Construction of Perpetual Futures Markets with HIP-3 Implementation

On the 13th, the HyperLiquid team announced plans to enable HIP-3 (HyperLiquid Improvement Proposal 3), an upgrade that allows for the permissionless construction of perpetual futures markets. With this upgrade, anyone who meets the conditions can deploy their own perpetual swap contracts with custom margins, order books, and parameters. The administrators of HyperLiquid explained in a Discord channel, 'HIP-3 will be activated during this network upgrade. It does not immediately change things for users. Deployers must meet on-chain requirements...'