Hyperliquid introduces a priority fee mechanism on mainnet; the order priority fee cap is reduced to 8 bps

HYPE-4,75%

Gate News update, April 13, Hyperliquid founder Jeff announced in a Discord channel that the priority fees mechanism is now live on the mainnet in Alpha mode. The mechanism includes two types: Gossip priority fees, used to prioritize reading data; and Order priority fees, used to prioritize writing orders. Users can enjoy priority service by paying in HYPE tokens; for details, please refer to the official documentation. Based on user feedback, the cap for order priority fees has been reduced from 20 bps to 8 bps. Currently, order priority fees only apply to IOC orders on HIP-3 assets.

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