Hyperliquid Activates HIP-3 Upgrade

The HIP-3 network upgrade that Hyperliquid is about to implement will be a significant turning point in its drive for increased decentralisation. By staking 500,000 HYPE tokens, the update will enable eligible developers to start their own permissionless perpetual DEXs, which are trading platforms that operate fully on-chain. The move gives developers more flexibility and control by integrating HyperEVM and supporting smart contracts, community governance, and improved security tools. A new generation of on-chain innovation is made possible by this action, which enables developers to design unique eternal markets and contribute to the expansion of the Hyperliquid ecosystem. This daring move solidifies Hyperliquid’s standing as one of the DeFi industry’s most developer-friendly platforms.