#What are Hyperliquid's HIP-3 custom markets?
Hyperliquid has unveiled HIP-3 custom markets, a revolutionary feature that allows users to create and manage their own perpetual markets. This innovative upgrade has already achieved an impressive trading volume exceeding $5 billion, highlighting its robust adoption by the investment community.
#How does HIP-3 enhance trading experiences?
HIP-3 empowers users by enabling the creation of custom perpetual markets for assets such as synthetic stock indices. No permissions are needed, which significantly lowers the barriers to entry for traders. This flexibility has led to the introduction of new markets tied to major tech stocks, thereby generating a substantial increase in trading activities on the platform.
#What is the technology behind Hyperliquid?
Hyperliquid operates on its own layer-1 blockchain, specifically designed for high-performance trading of crypto derivatives and synthetic assets. By emphasizing decentralization, Hyperliquid aims to provide a competitive alternative to traditional centralized platforms, focusing on enhancing user experience and trading efficiency.
#What does the future hold for Hyperliquid?
The launch of HIP-3 has allowed builders within the ecosystem to develop numerous perpetual markets, effectively broadening Hyperliquid’s offerings. Now, users have access to equity-style trading options in addition to the existing crypto derivatives, positioning Hyperliquid as a versatile player in the market.