[Hyperliquid HIP-3 Open Interest Surpasses $2 Billion, On-Chain Demand for Traditional Assets Explodes] Odaily Planet Daily News: The open interest (OI) in the HIP-3 market on Hyperliquid has reached a peak of approximately $2.38 billion and is currently maintaining a high level of around $2.1 billion, marking a year-to-date growth of about 580%. The growth is primarily driven by 'non-crypto assets.' Among the top ten markets by trading volume on the platform, only three are crypto trading pairs, while the rest are tokenized stocks and commodities, including the Nasdaq Index, S&P 500, crude oil, gold, and silver. Analysts point out that the core driving force comes from the demand for '24/7 trading of traditional assets.' Compared to traditional markets, which are limited by trading hours, HIP-3 enables investors to trade stock and commodity exposures around the clock through on-chain settlement and a non-intermediated structure. Additionally, TradeXYZ accounts for over 90% of HIP-3's open interest, making it the primary source of liquidity in this sector.