Hyperliquid's HIP-3 exchanges host 315 markets with $4.08B open interest
- —Largest markets: S&P 500 at $417.1M with up to 50x leverage, gold at $323.1M with 25x
- —WTI holds $218.1M and Brent $211.1M, both at 20x leverage
- —Six of the ten HIP-3 exchanges show zero open interest in every market
- —Operators must stake 500,000 HYPE, locked for at least 183 days
Why it matters: HIP-3 brings traditional assets on-chain with leverage above EU retail limits, reshaping competition with CFD brokers.
Source: CryptoTicker