Markets· ★★★· bullish·

Hyperliquid's HIP-3 markets reach half of futures volume, stock contracts lead

  • RWA futures volume grew from $85 billion in January to $470 billion in June
  • Binance, Hyperliquid, and OKX accounted for more than 80% of that volume
  • HIP-3 markets' share on Hyperliquid rose from 2% to about 50%
  • TradeXYZ contracts on the Nasdaq-100 and single stocks lead in HIP-3
Why it matters: The growing share of traditional assets in Hyperliquid derivatives signals a convergence of crypto and tradfi markets.
Source: Koin Bülteni