
Hyperliquid is testing a feature that would let operators restrict access to markets they run, according to CryptoSlate. The proposal, identified as HIP-3, introduces allowlists scoped to individual venues. This means an operator could control participation in its own markets without changing the broader permissionless-market framework already available on Hyperliquid. The test therefore concerns access management for operator-managed venues rather than a platform-wide shift in market permissions. Existing permissionless markets remain unaffected under the proposal. The development is relevant to users tracking Hyperliquid and its HYPE token because it outlines a potential change in how access rules may be applied across different market venues. CryptoSlate reported the update on Sept. 7, 2026. The available information does not specify which markets are included in the testing, how users would be added to allowlists, or whether the feature will be deployed more broadly.