HIP-3 perp DEX

EntropyIO (io) HIP-3 markets

Live markets, capacity, fees, and operators for the EntropyIO builder-deployed perp DEX on Hyperliquid. Official data as of 2026-09-27 14:39 UTC.

Direct answer

EntropyIO (io) is a HIP-3 perp DEX on Hyperliquid with 8 active of 11 listed markets and $57.95M in open interest, 1% of all HIP-3 open interest. Its DEX-wide cap is $300M, 19.3% used. Its markets traded $21.51M over 24 hours, led by SNDK at $16.26M. Every active market runs in growth mode, so taker fees are 0.1x to 0.2x the core rate.

Open interest
$57.95M
DEX cap used
19.3%
Active markets
8 / 11
Markets at cap
0

EntropyIO markets

EntropyIO HIP-3 markets
Market24h volumeOpen interestCap usedFunding / hTier 0 takerFee settingMax lev.
SNDK$16.26M$4.95M49%0.02 bps0.009%Growth mode10x
ANTH$2.81M$36.13M80%0.15 bps0.009%Growth mode6x
NBIS$1.15M$9.3M62%0.02 bps0.009%Growth mode15x
OAI$763K$6.62M66%0.26 bps0.009%Growth mode6x
DRAM$343K$299K6%0.16 bps0.009%Growth mode25x
IONQ$89K$110K2%0.63 bps0.009%Growth mode10x
EWY$74K$149K3%0.13 bps0.009%Growth mode25x
GPRO$30K$392K8%-0.46 bps0.009%Growth mode5x

Who operates it

The deployer defines the markets and staked 500,000 HYPE to run the DEX. The oracle updater sets prices, and the fee recipient collects the deployer's share of trading fees.

Recent configuration changes

Seen byMarketFieldChange
2026-09-26 06:47io:PRLpresenceabsent → present
2026-09-26 00:47io:SNDKfundingMultiplier0.5 → 0.125
2026-09-26 00:47io:IONQfundingMultiplier0.5 → 0.125
2026-09-26 00:47io:NBISfundingMultiplier0.5 → 0.125
2026-09-26 00:47io:EWYfundingMultiplier0.5 → 0.125
2026-09-26 00:47io:GPROfundingMultiplier0.5 → 0.125
2026-09-26 00:47io:DRAMfundingMultiplier0.5 → 0.125
2026-09-24 18:47io:NBISmaxLeverage10 → 15
2026-09-24 18:47io:NBISmarginTableId10 → 15
2026-09-21 00:47io:SNDKfundingMultiplier0.125 → 0.5
2026-09-21 00:47io:IONQfundingMultiplier0.125 → 0.5
2026-09-21 00:47io:NBISfundingMultiplier0.125 → 0.5

Changes come from six-hourly official snapshots, so each time shows when the change was first seen, not the exact moment it happened. Full history and CSV: HIP-3 capacity history.

Other active HIP-3 DEXs

Risk notice
Stock perps are synthetic derivatives, not shares. They do not provide ownership, dividends, or voting rights, and traders can lose money through funding, basis, oracle issues, liquidity gaps, margin, and market volatility.

Sources

3 references · Expand
  • Supports: HIP-3 builder-deployed perp mechanics, deployer responsibilities, 500,000 HYPE staking requirement, minimum stake duration, deployment rules, configurable fees, settlement, oracle duties, slashing risk, cross margin, and backstop liquidation.
  • Supports: Core and HIP-3 perpetual DEX discovery, current market contexts including rolling dayNtlVlm, perpetual metadata, funding history, predicted funding, DEX and market limits, DEX status, configuration metadata, clearinghouse state, and open-interest cap fields.
  • Hyperliquid Docs: FeesAccessed 2026-08-26
    Supports: Rolling 14-day volume tiers, perps and spot fee schedules, HIP-3 deployer fee scale and growth mode, strict HYPE staking-tier thresholds and discounts, referral fee formula and limits, staking-account linking risks, fee-model caveats, fee distribution to HLP, the assistance fund, and deployers, the assistance fund system address, and burn recognition of assistance-fund HYPE.