PANews reported on October 13th that according to The Block, Hyperliquid expects to activate a major protocol upgrade, HIP-3, later today. This upgrade will support the permissionless creation of perpetual futures markets. A Hyperliquid administrator announced in the protocol's Discord channel that the October 13th network upgrade will include the activation of HIP-3. The administrator stated: "HIP-3 will be enabled during this network upgrade. There will be no immediate changes for users. Deployers who meet the on-chain requirements can deploy perpetual contracts for trading once they are ready." In a previously disclosed document, the project announced that HIP-3 (Hyperliquid Improvement Proposal 3) will support developer-deployed perpetual contracts, marking a "key milestone in achieving full decentralization of the perpetual contract listing process." According to the document, HIP-3 will allow deployers to permissionlessly launch a perpetual contract DEX on HyperCore by simply staking 500,000 HYPE tokens. HIP-3 integrates with the HyperEVM to enable smart contracts and governance, and includes safeguards such as validator slashing and position limits.PANews reported on October 13th that according to The Block, Hyperliquid expects to activate a major protocol upgrade, HIP-3, later today. This upgrade will support the permissionless creation of perpetual futures markets. A Hyperliquid administrator announced in the protocol's Discord channel that the October 13th network upgrade will include the activation of HIP-3. The administrator stated: "HIP-3 will be enabled during this network upgrade. There will be no immediate changes for users. Deployers who meet the on-chain requirements can deploy perpetual contracts for trading once they are ready." In a previously disclosed document, the project announced that HIP-3 (Hyperliquid Improvement Proposal 3) will support developer-deployed perpetual contracts, marking a "key milestone in achieving full decentralization of the perpetual contract listing process." According to the document, HIP-3 will allow deployers to permissionlessly launch a perpetual contract DEX on HyperCore by simply staking 500,000 HYPE tokens. HIP-3 integrates with the HyperEVM to enable smart contracts and governance, and includes safeguards such as validator slashing and position limits.
Hyperliquid to Launch HIP-3 Upgrade to Enable Permissionless Perpetual Contract Market Creation
PANews reported on October 13th that according to The Block, Hyperliquid expects to activate a major protocol upgrade, HIP-3, later today. This upgrade will support the permissionless creation of perpetual futures markets. A Hyperliquid administrator announced in the protocol's Discord channel that the October 13th network upgrade will include the activation of HIP-3. The administrator stated: "HIP-3 will be enabled during this network upgrade. There will be no immediate changes for users. Deployers who meet the on-chain requirements can deploy perpetual contracts for trading once they are ready."
In a previously disclosed document, the project announced that HIP-3 (Hyperliquid Improvement Proposal 3) will support developer-deployed perpetual contracts, marking a "key milestone in achieving full decentralization of the perpetual contract listing process." According to the document, HIP-3 will allow deployers to permissionlessly launch a perpetual contract DEX on HyperCore by simply staking 500,000 HYPE tokens. HIP-3 integrates with the HyperEVM to enable smart contracts and governance, and includes safeguards such as validator slashing and position limits.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
U.S. Court Finds Pastor Found Guilty in $3M Crypto Scam
The post U.S. Court Finds Pastor Found Guilty in $3M Crypto Scam appeared on BitcoinEthereumNews.com. Crime 18 September 2025 | 04:05 A Colorado judge has brought closure to one of the state’s most unusual cryptocurrency scandals, declaring INDXcoin to be a fraudulent operation and ordering its founders, Denver pastor Eli Regalado and his wife Kaitlyn, to repay $3.34 million. The ruling, issued by District Court Judge Heidi L. Kutcher, came nearly two years after the couple persuaded hundreds of people to invest in their token, promising safety and abundance through a Christian-branded platform called the Kingdom Wealth Exchange. The scheme ran between June 2022 and April 2023 and drew in more than 300 participants, many of them members of local church networks. Marketing materials portrayed INDXcoin as a low-risk gateway to prosperity, yet the project unraveled almost immediately. The exchange itself collapsed within 24 hours of launch, wiping out investors’ money. Despite this failure—and despite an auditor’s damning review that gave the system a “0 out of 10” for security—the Regalados kept presenting it as a solid opportunity. Colorado regulators argued that the couple’s faith-based appeal was central to the fraud. Securities Commissioner Tung Chan said the Regalados “dressed an old scam in new technology” and used their standing within the Christian community to convince people who had little knowledge of crypto. For him, the case illustrates how modern digital assets can be exploited to replicate classic Ponzi-style tactics under a different name. Court filings revealed where much of the money ended up: luxury goods, vacations, jewelry, a Range Rover, high-end clothing, and even dental procedures. In a video that drew worldwide attention earlier this year, Eli Regalado admitted the funds had been spent, explaining that a portion went to taxes while the remainder was used for a home renovation he claimed was divinely inspired. The judgment not only confirms that INDXcoin qualifies as a…
Share
BitcoinEthereumNews2025/09/18 09:14
The "1011 Insider Whale" has added approximately 15,300 ETH to its long positions in the past 24 hours, bringing its total account holdings to $723 million.
PANews reported on December 15th that, according to Hyperbot data, the "whale that opened short positions after the flash crash on October 11th" has added approximately
Share
PANews2025/12/15 17:19
Here’s XRP Price if XRP Becomes a Liquidity Rail for the Carbon Market
What could XRP price rise to if XRP acts as the liquidity rail for the carbon market once tokenization dominates the scene? The carbon market is on a massive growth path, with forecasts pointing to trillions of dollars in value over the next decade.Visit Website
Share
The Crypto Basic2025/09/21 00:07