Trade[XYZ] 46% has been listed on the HIP-3 market, covering ticker costs. GOLD fee income exceeds $4.6 million.

Odaily reported that HyperliquidNews posted on X platform stating that to launch an HIP-3 market, deployers must lock 500,000 hyperliquid:native and purchase a ticker for each created market. As the largest HIP-3 deployer, Trade[XYZ] has purchased 103 tickers and launched 87 markets. The minimum cost for one ticker is 500 hyperliquid:native, currently worth about $31,400. HIP-3 revenue comes from trading fees generated by each market, with 50% allocated to deployers and 50% to the Assistance Fund, which uses the income to buy back and burn hyperliquid:native. To encourage HIP-3 market trading activity, Hyperliquid has introduced Growth Mode, lowering trading fees by 90%. Deployers may choose whether to activate it, with a few exceptions. Despite the reduced fees, 40 out of the 87 markets launched by Trade[XYZ] generated income exceeding 500 hyperliquid:native, meaning they have at least covered the initial ticker cost, accounting for 46% of all launched markets. This data considers only ticker costs and does not include other operational expenses. As long as trading activity continues, each ticker will keep generating revenue. Some tickers have generated millions of dollars in fees for Hyperliquid and Trade[XYZ]; for example, GOLD has generated more than $4.6 million in fees for each side. GBP is currently the least profitable ticker, having earned Trade[XYZ] $610 to date.