Hyperliquid launches HIP-3 growth mode, reducing new market fees by 90% to enhance liquidity

According to CoinDesk, the decentralized exchange Hyperliquid has launched the HIP-3 growth model, allowing anyone to deploy new markets without permission and significantly reducing fees to enhance liquidity.

This feature reduces the total acceptance fees for newly launched markets by over 90%, from the usual 0.045% to 0.0045%-0.009%. For top staking and trading volume tiers, the fees can be further reduced to 0.00144%-0.00288%.