Hyperliquid Builders Can Launch Perpetual Markets With 500,000 HYPE

Hyperliquid’s HIP-3 framework lets builders stake 500,000 HYPE tokens to launch perpetual futures markets, giving them control over contract terms and oracle prices while the network runs trading and settlement. HIP-3 began in October 2025. The stake applies to deploying an exchange, rather than separately to each market it lists. Builders can create contracts referencing equities, commodities and indexes. A deployer sets a market’s specifications, operates its price oracle and sets leverage limits. It can halt a market and initiate settlement when needed. Hyperliquid supplies the order books and margin system and executes trades and settlement.

Source: TokenPost