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Hyperliquid is launching its HIP-3 upgrade on Monday, enabling permissionless perpetual market creation on its decentralized derivatives platform. Builders can deploy perpetual futures markets on HyperCore by staking 500,000 HYPE tokens. The upgrade follows a recent market-wide liquidation event, with $10 billion cleared on Hyperliquid alone. HYPE price has rebounded to $42.
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