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Hyperliquid Launches HIP-3 Upgrade: Permissionless Perpetual Futures Market Creation and HYPE Price Surge
[Coin World] Hyperliquid today launched the HIP-3 upgrade, initiating the creation of a permissionless perpetual futures market. Deployers can launch the market by staking 500,000 HYPE (at $42 each), with the price of HYPE expected to rise by 11%, reaching a market capitalization of $11.4 billion. This upgrade includes security measures such as validator penalties and holdings limits.