HIP-3 Growth Mode Slashes Trading Fees by 90% as New Markets Launch

**Real-world asset (RWA) trading on Hyperliquid has reached new milestones over the past two weeks:** - Open interest surpassed **$1.3 billion** - Weekend trading volume exceeded **$1.4 billion** - Platform provides **24/7 price discovery** for oil, metals, and indices when traditional markets are closed This development builds on Hyperliquid's track record of enabling onchain price discovery. The platform previously facilitated PUMP prelaunch trading with over $400M in open interest and became a primary venue for PUMP spot trading following its token generation event. The continuous trading capability addresses a gap in traditional finance, where markets close on weekends and holidays. Hyperliquid's infrastructure allows traders to access essential assets around the clock, representing progress toward bringing more financial instruments onchain.

The Hyper Foundation is allocating 1 million HYPE tokens to establish the Hyperliquid Policy Center, with tokens set to be unstaked today. **Key Details:** - The center will provide Washington, D.C. representation for the Hyperliquid community - Leadership falls under @jchervinsky - Primary focus: advocating for clear decentralized finance regulations This move follows a pattern of increased governance participation, including a stablecoin issuer's recent HYPE token purchase signaling deeper involvement in platform governance. The initiative aims to give the DeFi protocol a voice in regulatory discussions as the industry seeks clearer frameworks from U.S. policymakers.

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 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 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)