Hyperion DeFi will deploy 500,000 HYPE under a deal with Skew Technologies to support institutional perpetual futures markets on Hyperliquid’s HIP-3 framework.

HIP-3's share of total Hyperliquid perp volume has climbed from roughly 2% at the start of the year to around 50% now.

Hyperliquid's perpetual futures market volume surged to nearly 50% of total volume amid rising interest in tokenized assets. Market sees 39% YES for Hyperliquid.