Felix Perps

Felix-deployed perps are perpetual future markets deployed and managed by the Felix team via HIP-3

## Overview Felix Perps is a perpetual futures trading platform where the Felix team deploys and manages perp markets directly. Rather than operating as a conventional DEX or aggregator, Felix Perps functions as a team-managed protocol where market creation, liquidity provisioning, and operational oversight fall under Felix governance via HIP-3 (presumably a Hippo Protocol or Felix Improvement Proposal). This approach differs from fully decentralized or autonomous market-making systems. The tool exists to provide traders with access to perpetual derivative contracts in a controlled, team-manag