Hyperliquid’s HIP-3 markets surge to nearly 50% of perp volume as onchain stock trading grows
The Block·
60-second summary
Hyperliquid's HIP-3 markets are rapidly gaining traction, surging to nearly 50% of the platform's total perp volume, up from around 2% at the start of the year. This significant increase reflects growing adoption of onchain stock trading, as users increasingly turn to decentralized platforms for trading and investment opportunities. Market implications are positive for Hyperliquid's ecosystem.
HIP-3's share of total Hyperliquid perp volume has climbed from roughly 2% at the start of the year to around 50% now.