Hyperliquid Launches a New “Growth Mode” That Cuts Trading Fees by 90%

• Hyperliquid launches HIP-3 growth mode with taker fees slashed over 90% for new deployer-created markets.
• New markets allow permissionless perpetual deployment while blocking duplicates of existing core assets.
• HYPE price slips below $40 despite strong trader enthusiasm for HIP-3’s cost advantages and market-expansion model.

Hyperliquid has launched an aggressive new strategy to expand its derivatives market share. The protocol brought out “HIP-3 Growth Mode” on Wednesday. This structural upgrade enables permissionless market deployment and slashes taker fees by over 90%. 

#Hyperliquid has activated “HIP-3 Growth Mode,” enabling anyone to deploy new markets permissionlessly with fees cut by over 90%.

The upgrade lowers entry barriers, expands asset listings, and aims to boost liquidity without overlapping existing perp markets. pic.twitter.com/LissMOTK3n

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