Deployment Auctions

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.

Endpoints

Perp deployment auction

GET /v2/perp-auction

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

Spot pair deployment auction

GET /v2/spot-auction

Same response format as above.

Response fields

Field	Type	Description
`startTimeSeconds`	number	Unix timestamp when the auction started
`durationSeconds`	number	Total auction duration in seconds
`startGas`	string	Starting price in USDC
`currentGas`	string	Current price, decreasing over time
`endGas`	string\|null	Final price when auction ended. `null` if still running

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.

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

DEX Limits All DEX Metadata

Overview

L4 Order Book

Market Data

User Data

DeFi

Discovery

Prediction Markets

Trading

Vaults & Governance

Passthrough

Infrastructure

Additional

Deployment Auctions

Endpoints

Perp deployment auction

Spot pair deployment auction

Response fields

How it works

Examples

​Endpoints

​Perp deployment auction

​Spot pair deployment auction

​Response fields

​How it works

​Examples

Endpoints

Perp deployment auction

Spot pair deployment auction

Response fields

How it works

Examples