According to Wu Blockchain and DeFiLama data, Hyperliquid's total holdings have returned to $10 billion, doubling since mid-February. However, it’s still a way off from the record $16 billion in holdings achieved in August 2025. Notably, Hyperliquid recently stated that RWA-backed HIP-3 holdings have reached $3 billion, accounting for 30% of the platform's total holdings.