Hyperliquid: No listing fees and no listing department; token listings can be completed permissionlessly.

On October 15, Hyperliquid published an article revealing that there are no listing fees, no listing department, and no "gatekeepers" on Hyperliquid. Deploying spot trading on Hyperliquid is permissionless. Anyone can deploy a spot asset simply by paying a gas fee in HYPE. Deployers can choose to receive up to 50% of the trading fee share from their spot trading pairs. All processes are conducted on-chain, making them open, transparent, and verifiable. The complete DeFi lifecycle includes: creating a project, issuing a token, and trading that token. On Hyperliquid, every step of this process can be completed permissionlessly.