Hyperliquid HIP-3 · interactive mechanism simulation

A deployer stakes 500k HYPE to launch a perp DEX → traders open positions against the deployer's own oracle → validators watch for bad prints and can slash the bond. Edit the parameters and trigger a single-oracle failure to see the blast radius.
Deployer stakes 500k HYPE Builder perp DEX isolated margin Traders open interest 0 Deployer oracle SPACEX $420.0 Liquidation engine 0 liquidations Traders liquidated $0 notional Validators bond intact
Positions opened
0
Open interest
$0
Deployer bond
500,000 HYPE
Liquidations
0
Parameters — edit me
1.6/s
10x
1.5%
30%
Controls

Illustrative simulation. Defaults mirror the researched HIP-3 mechanism (staked deployer bond, isolated builder DEX, deployer-chosen oracle, validator slashing), but trade sizes, prices, and timing are randomized for visualization — not live onchain data. Drag the sliders or trigger a bad print to see a single-feed failure cascade into liquidations, as happened on the May 2026 SPACEX market. Part of The Onchain Experiment Atlas.