Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Hyperliquid News Today: Hyperliquid's BLP and HIP-3 Indicate a Fundamental Change in DeFi Structure

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

and PURR tokens, as detailed in a . 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

. 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

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 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

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.

0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Lido DAO Proposes Major LDO Buyback Plan Using Uniswap Liquidity Pools

Quick Take Summary is AI generated, newsroom reviewed. Lido DAO proposed an automated LDO buyback using Uniswap-v2-style LP positions. Implementation is expected in Q1 2026 after community approval. Lido dominates Ethereum staking with over 30% market share. The proposal aligns with Lido’s 2026 roadmap and token utility goals.References X Post Reference

coinfomania2025/11/12 00:45

Ethereum Updates Today: Ethereum's Volatility Creates Opportunities for MoonBull's High-Risk Profits

- Ethereum's November price swings, including a $3,325.72 low and 30% drop from August peak, highlight short-term volatility despite 5.84% year-to-date gains. - MoonBull emerges as a 2025 investment favorite, offering decentralized infrastructure and tokenomics to attract early adopters amid ETH's uncertainty. - Rising HYPE metrics and social media buzz reflect growing retail speculation in both Ethereum and high-risk alternatives like MoonBull. - Institutional support for Ethereum contrasts with investor

Bitget-RWA2025/11/12 00:42
Ethereum Updates Today: Ethereum's Volatility Creates Opportunities for MoonBull's High-Risk Profits

DoorDash Shares Rise 0.06% on November 11, 2025 Amid Focus on Earnings and Strategic Initiatives

- DASH rose 0.06% on Nov 11 2025 amid earnings anticipation and strategic investments in autonomous delivery. - DoorDash committed $hundredsM to AI-driven solutions like Dot robot and partnerships with Serve Robotics/MeiraGTx. - Lord Abbett Growth Leaders Fund holds DASH as top 10 overweight position, reflecting institutional confidence in growth potential. - Backtested "Buy-on-Earnings-Beat" strategy showed 89.26% total return (2022-2025) with 17.63% annualized gain and 1.23 Sharpe ratio. - Strategy's 13.

Bitget-RWA2025/11/12 00:38

LUNA Rises 6.05% Over the Past Week Despite Market Fluctuations

- LUNA rose 6.05% in 7 days but fell 79.29% annually, reflecting mixed short-term optimism and long-term bearish trends. - Technical analysis highlights stalled $0.10 resistance and bearish pressure, despite recent buying interest. - Backtesting showed +14.6% 30-day returns after ≥5% surges, though win rates declined to 38% by day 30. - Analysts warn macroeconomic uncertainty and weak fundamentals could hinder LUNA's sustained recovery.

Bitget-RWA2025/11/12 00:38