DCo: Hyperliquid non-crypto trading hit 30% in October, sees HYPE at $128 by 2029
- —Non-crypto share on Hyperliquid: 0% in September 2025, peak of 51% in July 2026, 30% in October
- —October 27 turnover was $7.2 billion, 40% from non-crypto assets, led by equities
- —DCo expects crypto volumes to triple and Hyperliquid to take 3% of global futures and equities by 2029
- —Binance has launched 229 traditional-asset perpetuals averaging $13.4 billion in daily volume
Why it matters: The $128 HYPE valuation gives investors a reference point, while rising non-crypto volume signals Hyperliquid's shift toward traditional markets.
Source: TokenPost