The decentralized derivatives protocol Hyperliquid announces the launch of a feature that supports developers to autonomously deploy perpetual contracts (HIP-3), which is now live on the testnet. This mechanism achieves complete decentralization of contract market launch, requiring a stake of 1 million HYPE and payment of gas through a Dutch auction. Deployers can set fee sharing and market parameters, and malicious actions will result in the staked amount being forfeited through a vote by validators.