# HIP-3

## Overview

HIP-3 markets are builder-deployed perpetuals — new markets created directly on Hyperliquid by independent developers. Wick integrates HIP-3 trading natively, letting you access these markets the same way you trade standard perps.

With Automatic Collateral Management (ACM), your USDC automatically moves where it’s needed, so you can trade HIP-3 markets instantly without moving funds.

#### **Key Features**

* **Same trading flow as perps:** Use leverage, go long or short, and trade from your unified USDC balance
* **Seamless experience:** No fund transfers, no setup—just pick a HIP-3 market and trade

#### **How To Trade HIP-3 Market**

1. Open the **Markets** tab from the bottom menu
2. Select **Equities**
3. Choose your asset
4. Press **Trade** button
5. Use the slider or input box to select position size and leverage
6. Optionally set a limit price for the order
7. **Hold** to submit your order


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