Dune: Hyperliquid equity perpetuals outtrade tokenized stocks five to one
- —Tokenized stocks and ETFs topped $37 billion in Q3 volume
- —Hyperliquid equity perpetuals traded $201 billion in the quarter
- —The OKX-ICE venture filed to list 63 tokenized stocks on XLayer
- —Asian names account for 24% of equity perpetual open interest
Why it matters: The gap shows traders prefer leveraged perpetuals to actual tokenized shares, a key signal for demand as XLayer listings go live.
Source: Coindoo