Hyperliquid: HIP-3 will be deployed, the MVP version is already online on the test network
According to Bijie.com, Hyperliquid issued a document on the X platform stating that the protocol will support the deployment of HIP-3, and the MVP version has been launched on the test network. The proposal involves the functions related to the perpetual market, including:
1. Deploy to allocate new high-performance on-chain order book on HyperCore;
2. The cost of deploying Gas is paid every 31 hours through Dutch auction;
3. The deployer can set a maximum cost share of 50%.
Hyperliquid also stated that perpetual market deployers must maintain 1 million HYPE stakes. If malicious market operations occur, validators have the right to conduct pledge-weighted voting in the deployer's 7-day redemption queue, thereby significantly reducing the deployer's stake. In addition, the relevant deployment will be combined with HyperCore multi-signature to support protocol-based market deployment and operations. Technical details will be released in the API documentation and the Python SDK soon.