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Hyperliquid has launched a developer self-deployment feature for Perptual Futures, now available on the Testnet.
Gate.io News bot message, the decentralized derivation protocol Hyperliquid officially released the HIP-3 feature, which allows developers to autonomously deploy Perptual Futures, and is currently live on the Testnet.
According to this mechanism, developers need to stake 1 million HYPE tokens and pay gas fees through a Dutch auction to achieve complete decentralization of the contract market. The deployer has the authority to set the transaction fee sharing and market parameters. In case of malicious actions, validators will confiscate the staked assets through a voting mechanism.
Source: wublock123