Hyperliquid's HIP-3 Upgrade
Hyperliquid's highly anticipated upgrade, HIP-3, has been rolled out, aiming to solidify its position as the "everything exchange".
The upgrade enables permissionless perpetual markets, allowing third-party builders to deploy their markets on the platform, including prediction markets and on-chain stocks.
Christmas came early to Hyperliquid.
Ryan Watkins, Founder of Syncracy Capital, expressed his enthusiasm for the update. The upgrade is expected to drive high growth, increase fees, and aid in HYPE buyback.
- Permissionless perpetual markets for third-party builders
- Decentralized marketplace for perps
- Trading on-chain stocks and prediction markets enabled
Author's summary: Hyperliquid's HIP-3 upgrade aims to establish it as the "everything exchange".