Hyperliquid Launches Developer-Created Markets with HIP-3 Upgrade

Hyperliquid announced the launch of its HIP-3 feature, enabling developers to create their own decentralized exchange (DEX) markets on the HyperEVM platform. This milestone follows a weekend wave of liquidations that impacted several crypto exchanges. 500K HYPE is required for deployment. The new feature will allow developers to customize trading conditions and fee structures, offering greater control over their DEX operations.