https://99bitcoins.com/cryptocurrency/hyperliquid-review/
Hyperliquid’s HIP-3 markets have experienced a significant increase in perpetual futures market volume, now accounting for nearly 50% of the protocol’s total perp volume. This marks a substantial rise from roughly 2% at the beginning of 2026. The surge is primarily driven by the onchain activity in real-world assets, including tokenized U.S. equities and commodities. With 23 of the top 30 Hyperliquid pairs by open interest, the growth reflects a shift towards 24/7 access to traditional assets, especially during periods of geopolitical volatility when legacy markets are closed. Market participants are increasingly favoring HIP-3’s framework for its ability to offer continuous exposure to these assets.
Key Takeaways
The increase in HIP-3’s market share appears consistent with growing interest in onchain access to tokenized real-world assets.
Hyperliquid’s recent performance suggests market participants are rotating from altcoins to tokenized stocks and commodities.
