The Protocol: Hyperliquid Introduces Proposal to Cut Fees

Group 1: Hyperliquid's HIP-3 Proposal - Hyperliquid introduced HIP-3 growth mode, allowing permissionless deployment of new markets at ultra-low fees to enhance liquidity and attract new market makers [1] - The upgrade reduces all-in taker fees by over 90%, from 0.045% to as low as 0.0045%-0.009%, with potential further reductions at top staking and volume tiers [1] - The growth mode requires deployers to set their fee scale between 0 and 1 and ensures market stability by locking changes for 30 days once activated [1] Group 2: Aerodrome's Major Overhaul - Dromos Labs announced a significant overhaul of Aerodrome's decentralized exchange infrastructure with the launch of Aero, a unified trading system [2] - Aero aims to merge existing platforms and expand to other Ethereum chains, positioning itself as a central liquidity hub for the ecosystem [2] - The platform is set to bring faster and cheaper fees on-chain, with a focus on Base as its central hub [2]