Hyperliquid’s HIP-3 Fuels Market Shakeup: Traders Adapt Amidst Fee Cuts and Shifting Sentiment

The launch of Hyperliquid HIP-3 has triggered a significant shift in the market, as traders adapt to reduced fees and new opportunities. This update, which slashes 90% of trading fees on newly created markets, is stimulating increased liquidity activity. The positive impact is evident in the rising open interest, bullish positioning across major exchanges, and a growing HYPE price trend.