Hyperliquid HIP-3 Upgrade Enables Individual Asset Expense Ratios

Hyperliquid's upcoming HIP-3 upgrade allows third parties to set custom expense ratios per asset, replacing the previous uniform DEX-wide fee structure.

Woofun AI reports that Hyperliquid will implement the HIP-3 mechanism in its next network upgrade, enabling third-party deployers to configure individual expense ratios for custom perpetual markets. This update replaces the previous system where fees were fixed uniformly across the entire decentralized exchange. The functionality has already been deployed on the testnet, with corresponding updates made to the relevant deployment APIs.