Odaily Planet Daily reported that Hyperliquid announced on platform X that the protocol will support the deployment of HIP-3, with the MVP version now live on the testnet. This proposal involves features related to perpetual markets, including: 1. Deploying a new high-performance on-chain order book allocated on HyperCore; 2. Deploying gas fees to be paid every 31 hours through a Dutch auction; 3. Deployers can set a maximum fee sharing of 50%. Hyperliquid also stated that perpetual market deployers must maintain a stake of 1 million HYPE. In the event of malicious market manipulation, validators have the right to conduct staked weighted voting in the deployer's 7-day redemption queue, significantly reducing the deployer's stake. Additionally, the related deployment will be combined with HyperCore's multi-signature to support the protocolized deployment and operation of the market. Technical details will be released soon in the API documentation and Python SDK.