Hyperliquid: Deploying HIP-3, MVP Version Now Live on Testnet
According to a report by Jinse Finance, Hyperliquid announced on the X platform that the protocol will support the deployment of HIP-3, with the MVP version already launched on the testnet. This proposal involves features related to the perpetual market, including:
1. Deploying a new high-performance on-chain order book on HyperCore;
2. Deploying gas fees paid every 31 hours through a Dutch auction;
3. Deployers can set a fee share of up to 50%. Hyperliquid also stated that perpetual market deployers must maintain a stake of 1 million HYPE. If malicious market operations occur, validators have the right to conduct stake-weighted voting in the deployer's 7-day redemption queue, significantly slashing the deployer's stake,
Additionally, the related deployment will be combined with HyperCore's multi-signature to support protocolized market deployment and operation. Technical details will soon be released in the API documentation and Python SDK.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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