Right now HIP-3 fees are 0.1 so increasing the fee scale up to 3 is allowing for a 30X increase on fees which is insane
IMO HIP-3 has only remained competitive and attracted so much capital because of the very low fees, and in some cases they still lose out to brokers like IBKR
HIP-3 deployers are currently in Growth Mode, which means trading fees are discounted by 90%. The next network upgrade will bring changes:
1) HIP-3 fees will be adjustable with a granularity of 90% discount to being 3x more expensive
2) Adjustable on a ticker basis
Hyperliquid