Hyperliquid's HIP-3 decentralized exchange (DEX) has successfully launched on the mainnet, achieving over $20 million in trading volume within its first three days. The initial product, XYZ100, has been listed on platforms such as Phantom and BasedApp, although some, like Axiom, have yet to list it. According to Phantom's documentation, all HIP-3 perpetual markets are accessible through Hyperliquid-compatible platforms.
In related developments, Ventuals, a project focused on synthetic perpetual futures based on private company valuations, plans to open a vHYPE deposit service on October 16. This move is intended to fulfill the deployment requirements for HIP-3, further expanding the ecosystem's capabilities.
Hyperliquid's HIP-3 DEX Debuts with $20 Million Trading Volume
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