Hyperliquid's HIP-3 lets developers launch permissionless perpetual markets
- —HIP-3 enables permissionless deployment and operation of perpetual contract markets by developers
- —Deployers define the market and oracle and handle pricing and leverage limits
- —Portfolio margin merges spot balances and perpetual positions into one account
- —Yan flagged interest in options, saying HIP-4 could underpin option-like structures; no timeline given
Why it matters: If developers ship real products on HIP-3, Hyperliquid could become a base layer for derivatives rather than just another exchange.
Source: TokenPost