What is HIP-3?

HIP-3 is Hyperliquid's key proposal for decentralizing the listing of perpetual futures markets. It shifts control from validators to anyone willing to stake HYPE tokens, allowing builders to deploy their own DEXes without needing central approval. This opens the door to markets for all sorts of unconventional assets.

For traders, it means access to innovative markets that traditional exchanges might ignore, giving you the chance to hedge or speculate on real-world events in a permissionless way. Suddenly, you're not limited to standard crypto or stocks; you can trade on economic shifts or global patterns directly on Hyperliquid's high-performance engine.

Find more details on HIP-3 in the official Hyperliquid docs: HIP-3: Builder-deployed perpetuals