MemCast
MemCast / episode / insight
#custom‑assets2#hip‑32#perpetual-contracts2
HIP 3 abstracts away oracle complexity, making it a plug‑and‑play component
  • While the market creator must supply an oracle, the protocol handles integration, validation and security checks.
  • This design mirrors Hyperliquid’s earlier permissionless spot‑trading launch, extending the same simplicity to derivatives.
  • Builders can focus on economic design rather than low‑level oracle engineering.
  • The result is a rapid expansion of tradable assets, increasing overall platform utility.
Jeff PersUnchained00:32:03

Supporting quotes

Quote
00:32:03
“The oracle part is also abstracted away. It's very general purpose.” — Jeff Pers
Quote
00:32:15
“You could even make a contract that doesn't have funding and it's more like a pre‑launch style futures contract.” — Jeff Pers

From this concept

HIP 3: Opening the Perpetual Marketplace

HIP 3 is Hyperliquid's next-gen upgrade that lets anyone launch a custom perpetual market, stake HYPE tokens and plug in an oracle, dramatically expanding the protocol's product universe.

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