HIP-3 lets third parties operate perpetual DEXs with separate order books and settings, while choosing an oracle for each market.
Each DEX has three auction-free asset slots; further listings enter a shared Dutch auction.
Builders must stake 500,000 Hyperliquid (HYPE) tokens to open an exchange, according to earlier coverage of the framework.
MercadoLibre, Inc.’s common stock trades on Nasdaq under the symbol MELI.
That stock symbol alone does not establish whether a separate Hyperliquid perpetual using MELI is trading.
