Entropy enables $PRL trading on Hyperliquid HIP-3 market

Entropy: Entropy is a HIP-3 builder on Hyperliquid that deploys and operates its own perpetual futures markets, handling contract specifications, oracle selection, and market parameters while leveraging Hyperliquid's core infrastructure for matching, margin, and liquidation. In the context of this news, Entropy has enabled trading for the $PRL market on the platform. It focuses on expanding access to real-world asset and pre-IPO related perpetuals through this framework. RedStone: RedStone is a decentralized oracle network that delivers price data for blockchain applications, with specialized solutions like HyperStone and RedStone Live for perpetual markets. In this news, it supplies the oracle infrastructure powering Entropy's HIP-3 market for $PRL, integrating custom feeds and onchain data delivery for accurate reference prices. The provider emphasizes reliable data for complex assets including equities and real-world tokens. Oracle Role: RedStone supports HIP-3 deployers by providing tailored price feeds for non-crypto and pre-IPO assets that lack standard data sources, ensuring continuous 24/7 availability. Market Framework: HIP-3 on Hyperliquid enables independent builders like Entropy to deploy perpetual markets with custom oracles while using the exchange's shared clearing and margin systems.