The Hyperliquid HIP-3 ecosystem has launched perpetual contract trading for MINIMAX, with approximately $480,000 in open positions reported. The current trading price for MINIMAX stands at $60.70. A notable development includes a trader initiating a short position with 10x leverage, totaling $178,000, at an average entry price of $60.60. This move comes as the stock faces pressure due to anticipated token unlocks.