Hyperliquid has launched a developer self-deployment feature for Perptual Futures, now available on the Testnet.
Gate.io News bot message, the decentralized derivation protocol Hyperliquid officially releases the HIP-3 feature, which supports developers to autonomously deploy Perptual Futures, and is currently live on the Testnet.
According to this mechanism, developers need to stake 1 million HYPE tokens and pay gas fees through a Dutch auction to achieve complete decentralization of the contract market launch. The deployer has the authority to set the fee distribution and market parameters. In case of malicious operations, the verifier will confiscate their staked assets through a voting mechanism.
Source: wublock123
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