Hyperliquid Introduces Optional Wallet-Level Market Access Control

Hyperliquid is testing an optional feature that allows individual perpetual markets to admit only approved wallets. This change, known as HIP-3*, does not close existing markets and leaves Hyperliquid's infrastructure unchanged.

The deployer of a market can now choose to restrict access to approved wallets on-chain, but this decision does not apply to all markets on the protocol. Existing HIP-3 venues will remain open to every wallet, and new deployers can still opt for the original open model.

Hyperliquid provides the underlying infrastructure, including order books, margining, and trade execution. The deployer is responsible for defining and operating the product and deciding whether to apply wallet access controls.