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Hyperliquid Enables HIP-4 Permissionless Deployment on Testnet With 500,000 HYPE Staking, Up to 50% Fee Share

Project Progress Token Events

2026-07-20 03:51:58

HYPE2.41%

According to PANews, Hyperliquid announced that HIP-4 will support permissionless market deployment on testnet first, followed by mainnet in future network upgrades. Deployers must stake 500,000 HYPE, with staking locked for 6 months. If markets are undefined, settlements fail to meet specifications, or remain unsettled for over one week, validators may vote to slash the stake. HIP-4 deployers can set fee splits up to 50% on deployed markets. All specifications are preliminary and subject to change based on feedback; a formal announcement will follow testnet launch and documentation updates.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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