Hyperliquid Launches HIP-3 Growth Mode: Fees Slashed by 90% to Boost Liquidity and New Markets

The decentralized perpetuals exchange Hyperliquid has announced the launch of a new feature called "HIP-3 Growth Mode," which radically simplifies the creation of new markets and reduces fees for traders by more than 90%. This move aims to attract new market makers, enhance liquidity, and expand the ecosystem without requiring permissions from the team. According to analysts, this could become a catalyst for a DeFi boom, allowing anyone to deploy new assets with minimal barriers.

According to the official announcement, HIP-3 Growth Mode reduces taker fees for newly created markets from 0.045% to 0.0045%-0.009%, making trading practically free in the initial stage. This not only stimulates liquidity but also encourages developers and users to experiment with new assets, such as stock perps or niche collectible markets. "This is a return to the roots of DeFi – true permissionlessness," experts comment, noting that the update builds on the previous HIP-3 upgrade, which already enabled permissionless listing but with higher barriers, like a stake of 500k-1M HYPE.

On X, the news has sparked a wave of enthusiasm among the community.

User @zipper.hl wrote: "Hyperliquid introduces growth mode for HIP-3 markets, reducing fees by more than 90%. You're not bullish enough on HIP-3," emphasizing the potential for exponential growth.

Another trader, @NMTD8, added: "Growth mode for certain HIP-3 markets. Hyperliquid.", pointing to the focus on expansion.

Hyperliquid, which has already achieved record trading volumes (130% growth in November last year, 108% in December, and 30% in January), uses all revenue for buybacks of its HYPE token, making the platform attractive to investors. Estimates show that since HIP-3 activation, over 100 applications for new markets have been submitted, and combinations with protocols like Kinetiq, Hyperlend, and Pendle lock 75% of liquid staking with an APR of 43%. This could lead to tighter integration with TradFi, where traders are seeking alternatives to the weak crypto market.

Experts warn: while reduced fees will accelerate growth, they may increase risks for newcomers due to volatility. "Perpify everything" is becoming the new slogan, but DYOR remains key.