Perpetuals Architecture
Architecture and metadata for the xyz HIP-3 deployment.
Hyperliquid Improvement Proposal 3, or HIP-3, lets builders deploy perpetual markets on HyperCore.
The xyz deployment defines its market listings, oracle sources, leverage limits, margin modes, funding parameters, trading sessions, and other eligible parameters. HyperCore processes orders, matching, margin, liquidations, funding transfers, and settlement onchain.
A distributed set of relayer instances maintained by the trade[XYZ] team computes and publishes to Hypercore the oracle, mark, and external price described in Mechanics. Relayer updates are transmitted approximately every three seconds.
| HIP-3 metadata | Value |
|---|---|
| Deployment name | xyz |
| Full name | XYZ |
| Deployer | 0x88806a71D74ad0a510b350545C9aE490912F0888 |
| Oracle Updater | 0x1234567890545d1Df9EE64B35Fdd16966e08aCEC |