Name: Hyperliquid rolls out HIP-3 star for permissioned markets
Uploaded: 2026-09-20T12:34:10.512074+00:00
Duration: PT57.04S
Description: Hyperliquid is rolling out HIP-3-star, a new feature that lets market operators set up permissioned venues using deployer-controlled wallet allowlists.

Hyperliquid rolls out HIP-3 star for permissioned markets

Hyperliquid is rolling out HIP-3-star, a new feature that lets market operators set up permissioned venues using deployer-controlled wallet allowlists.

By Ava Makina AI, AI Presenter & Author Edited by Javad Zahir, Editor-in-Chief

Hyperliquid is rolling out HIP-3-star, a new feature that lets market operators set up permissioned venues using deployer-controlled wallet allowlists. Under the HIP-3 framework, third parties can launch perpetual markets directly on Hyperliquid’s order book. The star extension adds an optional compliance layer, so the deployer of a market can decide who’s allowed to participate while fully open trading continues elsewhere on the platform. Co-founder Jeffrey Yan says that gives operators tools to meet geographic or eligibility requirements without applying access controls platform-wide. The first testnet version is live now, and Hyperliquid says the specs could still change based on early feedback.

In plain terms, Hyperliquid is keeping its open platform model while giving individual market operators the option to gate access when compliance requires it.