HIP-3 Expansion
HIP-3 and Its Role in Market Design
HIP-3 enables permissionless deployment of perpetual DEXs on Hyperliquid. Builders who stake 500,000 HYPE can operate independent markets governed by on-chain mechanisms, validator oversight, and slashing security, ensuring transparency, decentralization, and protocol stability.
This framework opens a new design space: perpetual markets that are no longer limited to major assets but can represent any credible community token, including memes.
Strategic Fit for SpinUp
Integrating HIP-3 completes SpinUp’s meme market architecture: tokens launch through the SpinUp Launchpad, gain liquidity on the Meme DEX, and can seamlessly connect to perpetual markets on Hyperliquid, either through SpinUp-hosted markets or strategic collaborations with HIP-3 builders. This approach turns memes from short-lived experiments into long-form market participants with real financial depth across HyperEVM and Hyperliquid. SpinUp’s liquid staking enhances HYPE capital efficiency, enabling parts of its ecosystem treasury or partnerships to support HIP-3 deployments in a secure and scalable manner.
Technical Pathways
SpinUp is exploring multiple integration models within the HIP-3 framework:
Direct Deployment: SpinUp may register as a HIP-3 builder to operate curated perpetual markets.
Collaborative Deployment: SpinUp can partner with existing HIP-3 DEX operators to list meme assets launched through its ecosystem.
Both paths ensure permissionless innovation while maintaining governance discipline, oracle reliability, and validator-secured transparency. In either case, SpinUp will serve as the coordination layer linking meme liquidity, derivatives markets, and Hyperliquid’s decentralized validator economy.
Value Proposition
For builders: Seamlessly extend meme tokens into perpetual markets through SpinUp’s integrations, without centralized listings.
For traders: Access direct perpetual exposure to meme assets within a transparent, decentralized framework.
For the ecosystem: Reinforce liquidity efficiency between spot and derivatives, strengthening Hyperliquid’s long-term growth through active meme market participation.
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