Hyperliquid to Add Optional Permissioned Markets to HIP-3 on Testnet

Hyperliquid said a future upgrade will add optional permissioned market functionality (HIP-3*) to HIP-3. Deployers can manage on-chain whitelists. Existing markets are unaffected. The initial version is live on testnet.

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Sep 4, 2026 · 2mo ago
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Hyperliquid to Add Optional Permissioned Markets to HIP-3 on Testnet

Hyperliquid announced that a future network upgrade will add optional permissioned market functionality (HIP-3*) to HIP-3. That is Wu Blockchain.

Once enabled, market deployers or their sub-deployers can manage on-chain whitelists to restrict participants in specific markets. The feature is an optional extension of HIP-3 and will not affect existing markets. The initial version of HIP-3* is currently live on testnet. Hyperliquid said the feature is designed to help deployers operate markets in accordance with applicable regulatory and other requirements, Wu writes.

What HIP-3* is

Claim Who said it
Future upgrade adds optional permissioned market functionality (HIP-3*) to HIP-3 Hyperliquid via Wu
Deployers or sub-deployers manage on-chain whitelists Wu
Optional extension; existing markets unaffected Wu
Initial version live on testnet Wu
Helps deployers meet applicable regulatory and other requirements Hyperliquid via Wu

Hyperliquid’s HIP-3 deployer docs mark HIP-3* as testnet-only and describe allowlist and proxy operations. Specs can still change.

A separate U.S. CFTC-regulated crypto-perps expansion is already live: Kalshi American Perpetuals added BNB, ADA, WLD, AAVE, and VVV. That is not HIP-3*.

Informational only. Not trading advice, signals, or a guarantee of any market outcome.

Written and fact-checked with AI assistance, reviewed by a human editor before publication.

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