Expanding into On-Chain Futures

Hyperion DeFi is collaborating with Felix Forge to launch and manage a bespoke on-chain perpetual futures market. According to the HYPE Asset Use Service agreement governing the partnership, Hyperion DeFi will allocate 500,000 HYPE tokens to support the initiative.

The new market will be built using Hyperliquid’s HIP-3 framework, a technology designed to facilitate the creation of decentralized markets for a wide range of assets. This framework enables trading beyond traditional cryptocurrencies, opening the door to assets like equities, commodities, and indices.

A Shared Revenue Model

The alliance introduces a revenue-sharing model where trading fees are divided among the Hyperliquid protocol, Felix Forge, and Hyperion DeFi. Once established, authorized users will be able to trade in the new HIP-3 markets created by Felix.

This strategic move is set to diversify the offerings on the Hyperliquid platform and attract a broader user base. For Hyperion DeFi, it creates new income opportunities by putting its staked HYPE assets to work in a new capacity.