Hyperliquid News Today: Hyperliquid's BLP and HIP-3 Indicate a Fundamental Change in DeFi Structure

Bitget App

Trade smarter

Bitget

News

Markets

Hyperliquid News Today: Hyperliquid's BLP and HIP-3 Indicate a Fundamental Change in DeFi Structure

Bitget-RWA2025/11/08 11:28

By:Bitget-RWA

Hyperliquid, a decentralized exchange (DEX) known for its high throughput and built on its own Layer 1 blockchain, is reportedly piloting a native lending platform called BLP (BorrowLendingProtocol) on the Hypercore testnet. According to analyst MLM, this experimental feature enables users to borrow, lend, and withdraw assets, initially supporting

USDC

and PURR tokens, as detailed in a

Lookonchain report

. While specifics are still unverified, the protocol is believed to introduce a secure lending layer that could support multiple collateral types.

Hyperliquid News Today: Hyperliquid's BLP and HIP-3 Indicate a Fundamental Change in DeFi Structure image 0

This move is part of a broader strategy to extend Hyperliquid’s capabilities from derivatives trading to core DeFi services.

The platform’s ecosystem is also advancing rapidly with HIP-3, a proposal that turns Hyperliquid into a permissionless protocol for launching new markets. Under HIP-3, any user can create perpetual markets by staking HYPE, the platform’s native token, according to a

FinanceFeeds analysis

. This update shifts market creation away from centralized control, introducing slashing penalties for faulty or malicious markets to maintain system security. HIP-3 also strengthens HYPE’s role in staking, governance, and revenue sharing, creating a feedback loop that could boost both token demand and network expansion.

RedStone’s HyperStone

oracle

is a key component of HIP-3, delivering fast price feeds crucial for stable derivatives trading. During testnet runs, HyperStone handled more than 103 million data updates across major markets, achieving nearly instant finality, as noted by FinanceFeeds. This integration ensures HIP-3 markets rely on reliable, real-time data, minimizing the risk of manipulation or mass liquidations. The collaboration is mutually beneficial: Hyperliquid gains a robust oracle solution, while

RedStone

increases its presence in the expanding DeFi sector.

These changes have major implications for token economics. HIP-3’s staking requirements reduce HYPE’s circulating supply, which could drive scarcity and price growth. Market creators earn a share of trading fees, aligning their interests with platform expansion, while RedStone’s

RED

token stands to gain from greater oracle demand as HIP-3 markets multiply, according to FinanceFeeds. Some analysts estimate HYPE could reach $50–$200 depending on adoption, while RED’s value will depend on its share of the oracle market and cross-chain adoption. Nonetheless, challenges such as governance risks, technical setbacks, or regulatory hurdles persist.

The BLP and HIP-3 projects underscore Hyperliquid’s goal to reshape decentralized derivatives. While BLP’s lending protocol is still in its early stages, HIP-3’s open market model and RedStone’s oracle integration mark a significant evolution in DeFi infrastructure. The next few months will reveal whether these advancements can drive sustained growth or encounter obstacles from operational risks and increased competition.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

- The 2025 Bitcoin leverage liquidation crisis exposed critical DeFi vulnerabilities, triggering $1.3B in liquidations and destabilizing protocols like Balancer and Stream Finance. - Exploits in stable pools and opaque Curator models caused $160M in frozen funds, with Euler facing $137M in bad debt after Stream Finance's xUSD collapse. - Experts warn of systemic risks as DeFi's interconnectedness amplifies failures, while solutions like RedStone's Credora aim to address real-time credit monitoring gaps. -

Bitget-RWA•2025/11/08 16:30

The November 2025 Bitcoin Leverage Liquidation Event: Exposing Systemic Vulnerabilities in DeFi Lending and Margin Trading

Bitcoin's Value Soars in November 2025: Key Macroeconomic Drivers and Growing Institutional Embrace

- Bitcoin's November 2025 surge was driven by U.S. government shutdown-induced liquidity shifts and institutional adoption of ETFs. - BlackRock's ASX Bitcoin ETF launch and JPMorgan's $343M IBIT holdings signaled growing institutional confidence in crypto. - Harvard's $100M ETF allocation and staking-based products like Bitwise's Solana ETF highlight systematic capital inflows into crypto. - Despite $578M ETF outflows in November, Bitcoin's correlation with liquidity (0.85) and global regulatory alignment

Bitget-RWA•2025/11/08 16:30

Bitcoin's Value Soars in November 2025: Key Macroeconomic Drivers and Growing Institutional Embrace

Modern Monetary Theory and Market Outlook for 2026: Does Bold Investment in Stocks and Emerging Economies Make Sense?

- Modern Monetary Theory (MMT) sparks debate in 2025 as governments expand fiscal spending amid inflation and AI-driven economic shifts. - Proponents argue deficit spending boosts growth, while critics warn of inflation risks and fiscal unsustainability as U.S. deficits hit $7 trillion. - Fed officials clash over policy: Hammack prioritizes inflation control, while Jefferson advocates patience as AI reshapes labor markets. - MMT-driven liquidity could lift emerging markets if Fed rates stay low, but sudden

Bitget-RWA•2025/11/08 16:10

Modern Monetary Theory and Market Outlook for 2026: Does Bold Investment in Stocks and Emerging Economies Make Sense?

The Emergence of Hyperliquid and What It Means for Retail Crypto Traders

- Hyperliquid dominates 73% of Q1 2025 crypto trading with its HyperBFT blockchain, 0.2-second block times, and transparent HLP liquidity pools. - The platform maintained 100% uptime during 2025's market crash, processing $10B in liquidations while Binance faced outages and refunds. - 21Shares filed an ETF for Hyperliquid's HYPE token (now 11th largest crypto at $12.6B), while $645M in buybacks boosted institutional confidence. - Hyperliquid captured 15% of Binance's volume via permissionless market creati

Bitget-RWA•2025/11/08 16:10