Just asked a developer working on quantitative strategies within the Hyperliquid ecosystem, @encryptjustice. The main significance of launching HIP-3 is to increase HYPE's staking rate and reduce sell pressure, which is clearly bullish for the token price. The contract market built on HIP-3 is similar to the relationship between Aster and Binance—shared infrastructure, and tickers need to be auctioned, so the demand for HYPE will be huge.