Author：Digital Coin God

Hyperliquid has launched an aggressive new strategy to expand its derivatives market share. The protocol brought out “HIP-3 Growth Mode” on Wednesday. This structural upgrade enables permissionless market deployment and slashes taker fees by over 90%. 

This feature presents a direct challenge to centralized incumbents, establishing one of the most aggressive liquidity-incentive frameworks seen on-chain in 2025.

How HIP-3 Slashes Fees to Boost Liquidity

HIP-3 allows deployers to spin up entirely new perpetual markets at deeply discounted fee levels, bypassing traditional bottlenecks. Hyperliquid confirmed that newly created markets will cut taker fees by more than 90% from the standard 0.045%, dropping into a 0.0045%-0.009% range. 

At the highest staking and trading-volume tiers, fees compress even further, reaching an industry-low 0.00144%-0.00288%, according to the official announcement.

Once a deployer activates HIP-3 growth mode for an asset, the configuration locks for 30 days to stabilize order-book behaviour and deter fee-hopping volatility. Despite the momentum, HYPE, the native token powering the platform, fell roughly 6% on the day, slipping below the $40 mark as US Senate updates further weakened market conditions on Wednesday. 

HYPE Price Forecast: Chart Signals Weak Momentum as Price Falls Back Toward Mid-Range Support

HYPE closed at $37.54 after a 2.92% decline, extending a multi-session pullback that continues to push candles below the descending mid-band of the Bollinger structure. The upper Bollinger Band sits at $43.74, forming the immediate resistance zone that HYPE must reclaim to establish any upward continuation. 

Hyperliquid has launched an aggressive new strategy to expand its derivatives market share. The protocol brought out “HIP-3 Growth Mode” on Wednesday. This structural upgrade enables permissionless market deployment and slashes taker fees by over 90%. 

This feature presents a direct challenge to centralized incumbents, establishing one of the most aggressive liquidity-incentive frameworks seen on-chain in 2025.

How HIP-3 Slashes Fees to Boost Liquidity

HIP-3 allows deployers to spin up entirely new perpetual markets at deeply discounted fee levels, bypassing traditional bottlenecks. Hyperliquid confirmed that newly created markets will cut taker fees by more than 90% from the standard 0.045%, dropping into a 0.0045%-0.009% range. 

At the highest staking and trading-volume tiers, fees compress even further, reaching an industry-low 0.00144%-0.00288%, according to the official announcement.

Once a deployer activates HIP-3 growth mode for an asset, the configuration locks for 30 days to stabilize order-book behaviour and deter fee-hopping volatility. Despite the momentum, HYPE, the native token powering the platform, fell roughly 6% on the day, slipping below the $40 mark as US Senate updates further weakened market conditions on Wednesday. 

HYPE Price Forecast: Chart Signals Weak Momentum as Price Falls Back Toward Mid-Range Support

HYPE closed at $37.54 after a 2.92% decline, extending a multi-session pullback that continues to push candles below the descending mid-band of the Bollinger structure. The upper Bollinger Band sits at $43.74, forming the immediate resistance zone that HYPE must reclaim to establish any upward continuation. 

The lower band at $36.24 now acts as the first downside buffer, and the current proximity of price to this lower boundary indicates waning momentum rather than outright capitulation.

RSI sits at 42.31, hovering just above oversold levels but still below the 50 midpoint. This positioning reflects a modest loss in bearish strength but not enough positive momentum to support a trend reversal. A rebound into the 48-52 zone would be the earliest confirmation that buyers are regaining control.

For now, HYPE near-term price outlook remains cautiously bearish-neutral. A breakdown below $36.24 exposes deeper support levels, while a recovery above $39.99 would open a path toward the $43.50 level.