Hyperliquid announced the launch of a feature that supports developers to independently deploy Perptual Futures.

Hyperliquid, a decentralized derivatives protocol, has announced the launch of HIP-3, a feature that allows developers to deploy perpetual contracts on their own, and is now live on the testnet. The mechanism realizes the complete decentralized launch of the contract market, the deployment needs to stake 1 million HYPE and pay for gas through a Dutch auction, the deployer can set the fee sharing and market parameters, and if the malicious operation is maliciously, the validator will vote to confiscate the stake.

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