Hyperliquid’s HIP-3 Upgrade to Unlock Permissionless Perp Market Creation

Hyperliquid is initiating an upgrade to their HIP-3 framework, which is designed to enable the creation of permissionless perpetual markets. This significant enhancement will empower users to establish their own trading markets without the need for centralized approval or oversight, fostering greater innovation and participation within the decentralized finance ecosystem. By implementing this upgrade, Hyperliquid aims to broaden access to trading opportunities, allowing more traders to engage in the fast-paced world of perpetual contracts. source: https://www.coindesk.com/business/2025/10/13/hyperliquid-s-hip-3-upgrade-to-unlock-permissionless-perp-market-creation