A new report shows Hyperliquid is rapidly expanding beyond crypto into pre-IPO markets, prediction contracts, and 24/7 asset trading, putting Wall Street giants on high alert.

Hyperliquid captures a record 7% of aggregate perpetual open interest with $9.55B in positions, challenging centralized exchanges through tokenized RWA markets.

A new report shows Hyperliquid is rapidly expanding beyond crypto into pre-IPO markets, prediction contracts, and 24/7 asset trading, putting Wall Street giants on high alert.