feat(dev-hub): hip-3 price pusher technical spec #3441
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| --- | ||
| title: HIP-3 as a Service | ||
| description: Complete oracle solution for Hyperliquid HIP-3 perpetual market deployers | ||
| slug: /price-feeds/core/hip-3-service | ||
| --- | ||
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| import { Callout } from "fumadocs-ui/components/callout"; | ||
| import Link from "next/link"; | ||
| import { IntegrationCard } from "../../../../src/components/IntegrationCard"; | ||
| import { | ||
| Lightning, | ||
| FileText, | ||
| Shield, | ||
| RocketLaunch, | ||
| } from "@phosphor-icons/react/dist/ssr"; | ||
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| 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. | ||
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| <Callout type="info"> | ||
| New to HIP-3? Learn about Hyperliquid's permissionless perpetual markets in | ||
| the [official Hyperliquid | ||
| documentation](https://hyperliquid.gitbook.io/hyperliquid-docs/hyperliquid-improvement-proposals-hips/hip-3-builder-deployed-perpetuals). | ||
| </Callout> | ||
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| {/* prettier-ignore */} | ||
| <Callout type="info" title="Technical Specification"> | ||
| For full technical details on the HIP-3 pusher including price sources, feed | ||
| composition, security model, and limitations, see the{" "} | ||
| <Link href="/price-feeds/pro/hip-3-service/technical-specification" target="_blank" rel="noopener noreferrer">Technical Specification</Link>{" "} | ||
| page. | ||
| </Callout> | ||
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There was a problem hiding this comment. added this link if anyone wants to check out the technical spec from Pyth Core. To have a good devEx, the link will get opened in a new tab by default.
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| ## What You Get | ||
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| HIP-3 as a Service provides everything you need to launch and maintain a successful perpetual market on Hyperliquid: | ||
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| <Cards> | ||
| <Card icon={<Lightning size={18} />} title="Oracle Data & Infrastructure"> | ||
| First-party data with automated updates and 24/7 monitoring | ||
| </Card> | ||
| <Card icon={<FileText size={18} />} title="Capital & Liquidity Support"> | ||
| Market maker relationships, loan capital, and HYPE sourcing | ||
| </Card> | ||
| <Card icon={<Shield size={18} />} title="Security & Go-to-Market"> | ||
| Audit discounts, 24/7 support, and co-marketing | ||
| </Card> | ||
| </Cards> | ||
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| ## What problem this solves | ||
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| Deploying and operating a HIP-3 market typically requires all of the following: | ||
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| - 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 | ||
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| ## How It Works | ||
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| 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). | ||
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| 1. **Data Sourcing**: The pusher is fully configurable and can connect to any data source that exposes price data via REST API or WebSocket. You can use [Pyth Core](/price-feeds/core), [Pyth Pro](/price-feeds/pro), [SEDA](https://www.seda.xyz/) or [Hyperliquid](https://hyperliquid.xyz/), or plug in your own custom data feeds. | ||
| 2. **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. | ||
| 3. **Submission**: Signed transactions are sent to the Hyperliquid validator network to update the market's oracle state. | ||
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| ## Why Pyth | ||
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| Pyth Network offers unique advantages that make it the ideal oracle partner for your HIP-3 market: | ||
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| ### First-Party Data | ||
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| 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. | ||
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| ### Market Maker Trust | ||
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| Pyth's market maker publishers (Jump, Flowdesk, IMC, Amber, Selini) trust Pyth data because they create it themselves. This leads to: | ||
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| - Higher engagement rates for Pyth-powered markets | ||
| - Faster liquidity onboarding | ||
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| ### Redundant Infrastructure | ||
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| - Primary, secondary, and tertiary infrastructure across multiple regions | ||
| - Multi-cloud key management with automatic failover | ||
| - Support for multisig oracle updates for operational flexibility | ||
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| ## Get Started | ||
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| Ready to launch your HIP-3 market? Get in touch with our team to discuss your requirements and get started. | ||
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| <div className="mt-6"> | ||
| <IntegrationCard | ||
| href="https://2fga8d.share-eu1.hsforms.com/2ftdPrASCTLCxtP5YMzAq_Q" | ||
| colorScheme="yellow" | ||
| title="Request Access" | ||
| description="Fill out our contact form to get started with HIP-3 as a Service." | ||
| icon={<RocketLaunch size={16} />} | ||
| external | ||
| /> | ||
| </div> | ||
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| Original file line number | Diff line number | Diff line change |
|---|---|---|
| @@ -1,5 +1,7 @@ | ||
| { | ||
| "title": "HIP-3 as a Service", | ||
| "description": "Complete oracle solution for Hyperliquid HIP-3 perpetual market deployers", | ||
| "pages": [ | ||
| "[Technical Specification](/price-feeds/pro/hip-3-service/technical-specification)" | ||
| ] | ||
| } |
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we had this earlier in the docs, just adding it as a separate page under core so the UX is good