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Documentation Index

Fetch the complete documentation index at: https://hypernode-docs.polynode.dev/llms.txt

Use this file to discover all available pages before exploring further.

Anyone can deploy a new perpetual market or spot pair on HyperLiquid by winning a Dutch auction. The price decreases over time until someone bids.

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Endpoints

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Perp deployment auction

GET /v2/perp-auction

{
  "startTimeSeconds": 1776114000,
  "durationSeconds": 111600,
  "startGas": "1000.0",
  "currentGas": "756.90",
  "endGas": null
}

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Spot pair deployment auction

GET /v2/spot-auction
Same response format as above.

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Response fields

FieldTypeDescription
startTimeSecondsnumberUnix timestamp when the auction started
durationSecondsnumberTotal auction duration in seconds
startGasstringStarting price in USDC
currentGasstringCurrent price, decreasing over time
endGasstring|nullFinal price when auction ended. null if still running

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How it works

HIP-3 builder DEXes get 3 free asset deployments. Additional assets require winning the shared Dutch auction. The starting price is 2x the previous successful auction price (floor: 500 HYPE for perps). Price decreases linearly over the duration. Builders also receive 7 reserve deployments that bypass the auction at the current price.

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Examples

# Current perp deployment auction price
curl -H "x-api-key: YOUR_KEY" https://hyper.polynode.dev/v2/perp-auction

# Current spot pair deployment auction price
curl -H "x-api-key: YOUR_KEY" https://hyper.polynode.dev/v2/spot-auction