Permissionless perp markets.
HIP-3 lets builders deploy their own perpetual markets on Hyperliquid — including pre-IPO equity perps for names like SpaceX, OpenAI and Anthropic. Live aggregate activity across every HIP-3 DEX is below.
Total HIP-3 volume · 24h
across all DEXs
Open interest
notional, USD
HYPE staked by deployers
≈ 500K per DEX
Builder DEX breakdown
Loading HIP-3 DEXs…