HIP-3: A New Era for Crypto Payroll in DeFi
Hyperliquid has launched HIP-3, a feature allowing anyone to create perpetual markets, but with a steep entry fee of 500,000 HYPE tokens. While it opens the gates of decentralized finance, it also raises concerns about capital distribution and engagement from smaller players.
The Entry Price: 500,000 HYPE Tokens
Hyperliquid’s HIP-3 allows anyone to deploy decentralized perpetual markets, but you need to put up 500,000 HYPE tokens as a staking requirement. That’s a huge cost to pay to get in, and it might keep smaller players out of the game entirely. For crypto payroll for DAOs and businesses, this is a significant barrier. Smaller startups might find themselves unable to deploy their own perpetual contracts or markets on Hyperliquid…
