Hyperliquid HIP-3 Open Interest Reaches $1.43 Billion, Tokenized Stocks and Commodities 24/7 Trading Drive Growth

SmartContractAuditor · 2026-03-18T00:34:38+00:00

Hyperliquid HIP-3 market total open interest reaches record high of $1.43 billion, with Trade.xyz accounting for nearly 90%. The market covers traditional assets and commodity contracts, supporting round-the-clock trading. HYPE token has gained over 50% since the beginning of the year. Hyperliquid will soon launch HIP-4, supporting permissionless prediction markets.

SmartContractAuditor

2026-03-18 00:34:38

Abstract generation in progress

Odaily Planet Daily reports that the total open interest in the Hyperliquid HIP-3 market reached a record $1.43 billion last Saturday, more than 100 times higher than when the first HIP-3 markets launched. Developed by Hyperliquid’s tokenization division Hyperunit, Trade.xyz accounts for nearly 90% of the open interest in HIP-3, with a daily trading volume of $22 billion.

Among the top 30 markets on Trade.xyz, only 7 are cryptocurrency trading pairs; the rest are tokenized traditional assets, including S&P 500, Nasdaq, and individual stock futures, as well as commodities like gold, silver, and crude oil contracts. HIP-3 markets support 24/7 trading, providing price discovery even when traditional exchanges are closed, attracting traders who previously lacked such trading venues.

The HYPE token has increased over 50% since the beginning of the year, while Bitcoin has fallen about 15% during the same period. Hyperliquid recently announced the launch of HIP-4, which will support permissionless prediction markets.

HYPE2.32%

BTC0.13%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes