HIP-3 Growth Mode Slashes Trading Fees by 90% as New Markets Launch
HIP-3 Growth Mode Slashes Trading Fees by 90% as New Markets Launch
馃搲 Fees Drop 90%
HIP-3 deployers can now activate growth mode to reduce trading fees by 90%, designed to bootstrap new markets on the platform.
Key benefits:
- Growth mode stacks with existing fee reductions
- Works alongside stablecoin collateral benefits
- Combines with staking discounts for maximum savings
TradeXYZ became the first adopter, enabling growth mode for their perpetual assets and dropping baseline taker fees to just 0.009%.
Meanwhile, COIN-USDH perp launched on Hyperliquid, deployed by the Felix team through HIP-3:
- Starting with 3x max leverage
- $2M USD open interest cap
- Follows standardized equity pricing
The new market also benefits from the reduced HIP-3 growth mode fees, making it more accessible for traders.
Growth mode for HIP-3 To bootstrap novel markets, HIP-3 deployers can activate growth mode to reduce fees by 90%. Growth mode applies on top of other multipliers, such as aligned stablecoin collateral fee benefits and staking discounts. @tradexyz enabled growth mode today for
馃幆 HyperCore Introduces Outcome Trading Primitive for Prediction Markets
HyperCore is implementing **outcome trading** (HIP-4), a new primitive for fully collateralized contracts that settle within fixed ranges. Currently in testnet, outcomes enable: - **Prediction markets** and bounded options-like instruments - **Non-linear, dated contracts** without leverage or liquidations - **Composability** with portfolio margin and HyperEVM Canonical markets will be denominated in USDH and deployed once development completes. The infrastructure may extend to permissionless deployment based on user feedback. [Learn more about outcome primitives](https://hypercore.xyz)
HIP-3 Markets Cross $1B Open Interest Milestone
HIP-3 markets have crossed $1 billion in open interest alongside $4.8 billion in 24-hour trading volume, marking new all-time highs. **Recent Growth Trajectory:** - Open interest jumped from $790M last week to $1B - One month ago, OI stood at $260M - Markets have set new records weekly The surge has been fueled by increased commodities trading activity. The milestone represents nearly 4x growth in open interest over the past month, indicating sustained market expansion and trader participation in HIP-3 markets.
馃敀 Monero Perpetuals Now Live with 5x Leverage
A trading platform has added **Monero ($XMR) perpetual futures** with up to **5x leverage**, responding to community demand. **Key Details:** - Traders can now take long or short positions on XMR - Maximum leverage available: 5x - Feature launched following user requests This follows a similar December addition of $STABLE perpetuals with 3x leverage, showing the platform's pattern of implementing community-requested features. Monero, known for its privacy-focused blockchain, joins the platform's growing list of tradable perpetual contracts.
Hyperliquid Lists FOGO-USD Perpetuals with 3x Leverage Trading
**Hyperliquid has added FOGO-USD perpetual contracts** following community demand. - Users can now **long or short the unlaunched Fogo token** - Maximum leverage available: **3x** - Trading accessible through the platform's standard interface This listing represents another community-driven addition to Hyperliquid's derivatives offerings. The platform continues expanding its perpetual contracts based on user requests. **Key considerations:** - Fogo token has not yet launched - Standard trading risks apply - Leverage amplifies both gains and losses Traders can access FOGO-USD perpetuals immediately through their existing Hyperliquid accounts.
MON Token Transitions to Regular Perpetual Trading on Hyperliquid
**MON hyperp converts to regular perpetual contract** Hyperliquid has transitioned the MON token from a hyperp to a standard perpetual contract. Traders can now: - Long or short $MON positions - Use up to **3x leverage** - Access standard perpetual trading features The platform emphasizes this listing does not constitute project endorsement. Standard trading warnings apply - past performance doesn't guarantee future results. **Key reminders:** - Only trade familiar assets - Understand associated risks - Exercise proper risk control Trade MON perpetuals at [Hyperliquid](https://app.hyperliquid.xyz/trade/MON)