Positive funding: longs pay shorts; hourly rate × 8. Markets without a link are below the $1M open-interest and volume gate.
Questions
How do other hip-3 markets work on Hyperliquid?
They are HIP-3 markets: a builder stakes 500,000 HYPE, deploys its own dex on Hyperliquid, defines the contracts and publishes the oracle prices. Positions are cash-settled in USDC and funding is paid every hour, like any Hyperliquid perp.
Which deployers list them?
XYZ, EntropyIO, Paragon. 1 of these assets are also listed on Lighter.
What leverage is available?
3× to 20× depending on the market; the deployer sets the cap and whether cross margin is allowed.