Hyperliquid: Deploying HIP-3, the MVP version has been launched on the Testnet.
Hyperliquid announced on the X platform that it will soon support the deployment of the HIP-3 protocol, with the MVP version already online on the Testnet. The proposal involves perpetual market features, including: a new high-performance on-chain order book, Gas fee Dutch Auction payments, and a 50% fee sharing. Deployers are required to maintain 1 million HYPE staked, and validators can participate in stake-weighted voting to reduce deployers' stakes. The deployment will be combined with HyperCore multisignature and technical details will be published in the API documentation and Python SDK.