Hyperliquid Launches HIP-3 Growth Mode with 90% Fee Reduction

According to Hyperliquid’s official announcement, HIP-3 Growth Mode now includes fee cuts of up to 90%, combined with stablecoin collateral and staking discounts to further incentivize market participation.

HYPE

Summary

Hyperliquid confirmed that HIP-3 deployers can now activate Growth Mode with taker fees reduced by 90%, enhancing incentives for market creation. This mode functions alongside other perks such as stablecoin collateral fee reductions and staking benefits, providing cumulative discounts for traders. The initiative continues to enforce restrictions on overlapping with validator-operated markets and locks configurations for 30 days to ensure operational stability.

Terms & Concepts
  • HIP-3: An upgrade on the Hyperliquid platform introducing permissionless market deployment with sharply reduced trading fees to boost liquidity.
  • Taker fee: A charge applied to traders who remove liquidity by executing orders that match existing ones in the order book.
  • Permissionless market: A market that can be created and operated without central approval or gatekeeping, allowing open participation.