I’ve been watching the development of HIP-3 with a lot of interest lately.

Many people have already talked about it, but I still want to emphasize that what we’ve been seeing over the past weeks and months isn’t just incredibly bullish for Hyperliquid.
It’s bullish for the entire crypto industry.
Sure, perp DEXs were already cool because they give anyone, anywhere in the world access to almost any asset they want to trade. But HIP-3 takes this one step further: anyone who stakes enough HYPE can deploy their own markets and participate in the economic upside.
At a time when CEXs are extracting more value than ever, that’s massively bullish in my opinion - and a model others (cough cough CZ cough cough) should seriously consider adopting if they don’t want to become irrelevant and get displaced.
What’s even more impressive is that these new markets aren’t just random crypto pairs. We’re talking about exposure to commodities, stocks, bonds, FX, and more. The speed at which HIP-3 markets are gaining share of Hyperliquid’s overall volume shows how strong the demand really is.
And I don’t think I need to explain how bullish weekend hedging markets for TradFi aka the big money is.
Slowly but surely, we’re moving closer to the original vision of crypto:
Onchain access to everything in finance, from anywhere in the world, for everyone, at any time.
Those two worlds will keep converging until there is no offchain anymore.
Hyperliquid.