MemCast
MemCast / episode / insight
#builder-markets1#market-curation2#permissionless-perps1#staking3
The protocol allows permissionless deployment of perpetual markets
  • Anyone can submit a market specification and, after staking the required HYPE, have it deployed on‑chain.
  • This opens the platform to a diverse set of assets, from niche tokens to experimental derivatives.
  • The permissionless nature encourages rapid innovation without a central gatekeeper.
  • The on‑chain deployment ensures transparency and auditability of market parameters.
JeffBell Curve00:51:27

Supporting quotes

Quote
00:51:27
“Permissionless protocol... people can deploy per.” — Jeff
Quote
00:52:04
“Builders can create markets without capital, just by staking.” — Jeff

From this concept

Permissionless Builder-Deployed Perps and Market Curation

Hyperliquid's protocol is permissionless, allowing anyone to launch a perpetual market after staking. Builders gain market-making rights through a bidding process, while core markets remain curated for stability. This hybrid model balances openness with quality control.

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