HIP-3 as a Service
Complete oracle solution for Hyperliquid HIP-3 perpetual market deployers
Pyth Network provides HIP-3 as a Service, a complete end-to-end solution for deployers launching permissionless perpetual markets on Hyperliquid. This service combines institutional-grade data, managed infrastructure, capital support, and market operations to help you successfully deploy and maintain HIP-3 markets.
New to HIP-3? Learn about Hyperliquid's permissionless perpetual markets in the official Hyperliquid documentation.
What You Get
HIP-3 as a Service provides everything you need to launch and maintain a successful perpetual market on Hyperliquid:
Oracle Data & Infrastructure
First-party data with automated updates and 24/7 monitoring
Capital & Liquidity Support
Market maker relationships, loan capital, and HYPE sourcing
Security & Go-to-Market
Audit discounts, 24/7 support, and co-marketing
What problem this solves
Deploying and operating a HIP-3 market typically requires all of the following:
- Maintaining continuous oracle updates every 3 seconds to meet HIP-3 requirements
- Securing keys and operational processes to reduce downtime and update failures
- Coordinating market-maker liquidity and launch operations
How It Works
The HIP-3 pusher service monitors price changes and submits signed updates to the Hyperliquid blockchain whenever specific conditions are met (e.g., price deviation or time-based heartbeat).
- Data Sourcing: The relayer is fully configurable and can connect to any data source that exposes price data via REST API or WebSocket. You can use Pyth Core, Pyth Pro, SEDA or Hyperliquid, or plug in your own custom data feeds.
- Robustness & Redundancy: The service supports fallback configurations to ensure reliability—if the primary data source is unavailable, the next source in the priority chain is used.
- Submission: Signed transactions are sent to the Hyperliquid validator network to update the market's oracle state.
Why Pyth
Pyth Network offers unique advantages that make it the ideal oracle partner for your HIP-3 market:
First-Party Data
Pyth sources data directly from 120+ institutional publishers including exchanges, market makers, and trading firms. This eliminates single points of failure that affect aggregated data providers.
Market Maker Trust
Pyth's market maker publishers (Jump, Flowdesk, IMC, Amber, Selini) trust Pyth data because they create it themselves. This leads to:
- Higher engagement rates for Pyth-powered markets
- Faster liquidity onboarding
Redundant Infrastructure
- Primary, secondary, and tertiary infrastructure across multiple regions
- Multi-cloud key management with automatic failover
- Support for multisig oracle updates for operational flexibility
Get Started
Ready to launch your HIP-3 market? Get in touch with our team to discuss your requirements and get started.