Hyperliquid HIP-3 DEXs surpass 250 million cumulative trades
- —Cumulative trades on HIP-3 DEXs exceeded 250 million
- —HIP-3 lets third-party deployers launch perpetual futures markets on Hyperliquid
- —Each DEX has its own margin, order book and deployer settings
- —HIP-3 open interest previously topped $4B; Trade.xyz volume passed $475B
Why it matters: The milestone signals growing activity on third-party markets built on Hyperliquid, though it does not reflect volume or liquidity.
Source: TokenPost