Hyperliquid Launches HIP-3 Growth Mode With 90% Fee Cuts For New Markets

Hyperliquid has introduced HIP-3 growth mode, a major upgrade that lets anyone launch new markets on the decentralized exchange with taker fees reduced by more than 90%.

New markets can activate the feature permissionlessly, cutting fees from 0.045% to between 0.0045% and 0.009%. At higher staking and volume tiers, fees can fall as low as 0.00144%.

The goal is to boost liquidity and attract new market makers. Growth mode markets must remain distinct from validator-run perpetuals, and once activated, the mode locks for 30 days.

You need to login in order to Like