Hyperliquid's HIP-3 permissionless perpetual contract market recorded a single-day trading volume of $5.2 billion on February 5, setting a new high since its launch in October 2025. Major market maker TradeXYZ contributed nearly 90% of the trading volume, with silver perpetual contracts reaching $4.09 billion in single-day trading, accounting for about 68% of the day's total. This was driven by sharp fluctuations in gold and silver prices, attracting some trading demand away from crypto assets to precious metals. (The Block) http://(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=56544