Hyperliquid HIP-3 Market Accounts for Nearly 50% of Perpetual Trading Volume

The Hyperliquid market based on HIP-3 accounted for nearly 50% of the platform's perpetual contract trading volume by the summer of 2026, up from about 2% at the beginning of the year. The stock market dominated by TradeXYZ includes the Nasdaq-100 index and individual stock contracts. During the same period, the overall trading volume of RWA perpetual contracts rose from approximately $85 billion per month in January to about $470 billion per month in June, with Binance, Hyperliquid, and OKX collectively holding over 80% of the market share in this category. Haseeb Qureshi, managing partner at Dragonfly, stated that the industry needs multiple dedicated blockchains to meet institutional compliance requirements, rather than a winner-takes-all approach.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.