Hyperliquid has introduced a new feature called 'HIP-3 Growth Mode', enabling anyone to deploy new perpetual contract markets without permission and benefit from significantly reduced fees. This initiative aims to enhance liquidity and attract new market makers. Under this mode, the all-in taker fee rate for new markets will be slashed by over 90%, with total taker fees dropping from 0.045% to between 0.0045% and 0.009%. Deployment can be done for individual assets without centralized approval or oversight.