HYPE Token Soars Following Hyperliquid’s HIP-3 Upgrade Launch

Hyperliquid has launched its HIP-3 upgrade, introducing a key change to the platform that could significantly impact the HYPE token and the wider decentralized derivatives market. The upgrade allows for permissionless perpetual market creation, requiring developers to stake HYPE tokens as part of market setup. This dynamic shift marks a significant transition for Hyperliquid and has sparked interest from both the community and the crypto space.