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Guide

How to track HIP-3 markets on Hyperliquid

Add Hyperliquid markets and click HIP-3. It ranks the live perps that builders deploy on their own dexes by 24h volume, from single stocks to gold, oil and equity indices. The top 15 show with their dex, price, 24h move, open interest and funding APR, under a row of cards that gives every dex its market count and open interest. Each builder runs its own oracle, so the same stock can trade at slightly different prices on two dexes.

Step by step

  1. 1

    Add HL markets

    Open the Hyperliquid group in the Add panel, which starts collapsed, and pick HL markets. Or press Ctrl K, type hip-3 and run Add Hyperliquid markets (movers, OI, funding, spot, HIP-3). Hyperliquid Desk, under New from template in the Boards panel, already has one set to HIP-3.

  2. 2

    Switch to HIP-3

    The widget opens on Movers. Click HIP-3 in the switch at the top. The view is saved with the board, so it comes back that way.

  3. 3

    Pick a dex

    Once two or more builder dexes answer, a second switch appears with All plus up to five dexes, the ones with the most open interest. Pick xyz, the Trade.xyz dex, to see only its markets. That filter resets when the board reloads.

  4. 4

    Read a row

    Each row shows the ticker without its dex prefix and its max leverage, with the dex and, where Hyperliquid tags one, a category such as stocks or commodities underneath. Then come price, 24h move, volume, open interest and funding APR. Hover a row for a link that opens the market on Hyperliquid.

  5. 5

    Add the big picture

    Put HL pulse beside it. Its open interest and volume tiles split Hyperliquid between the main dex and HIP-3, and the full layout lists the five builder dexes with the most open interest.

Tips

  • Each HIP-3 dex runs its own margin, order books and oracle. The same ticker on two dexes is two separate markets, so check the dex before comparing prices.
  • The Funding view skips HIP-3. Hyperliquid only publishes Binance and Bybit comparisons for its main dex, so builder markets show their own funding APR with nothing beside it.
  • The list stops at 15 rows. Pick a dex to get its own top 15 instead of the whole field.
  • To see a stock perp next to the cash price and its xStocks token, use the Tokenized stocks widget. It covers eight tickers.

Widgets used

Terms in this guide

Frequently asked questions

What can be listed as a HIP-3 market?

Any perp a builder can define and keep an oracle price for. As of September 2026 that covers single stocks, gold and oil, equity indices, currencies and pre-IPO companies. The builder has to keep 500,000 HYPE staked, a bar Hyperliquid expects to lower over time, and validators can slash that stake if the market is run maliciously.

Do the open interest totals include HIP-3?

In Hyperliquid pulse, yes. Its open interest and volume tiles add every builder dex that answered to the main dex and show the split. The totals in the Hyperliquid markets header cover the main dex only, except in its HIP-3 view, which totals the builder dexes.

Last reviewed . Market data in Cashboard comes from the providers named on each widget and may be delayed. Nothing here is financial advice.