Hyperliquid HIP-3 Market's Single-Day Open Interest Reaches $1.43 Billion, Setting a Historic High

According to Golden Finance, the total open interest (OI) of Hyperliquid's HIP-3 market reached a record-breaking $1.43 billion on Saturday. This represents a more than 100-fold increase compared to six months ago when the first HIP-3 market was launched. Trade.xyz, built by Hyperliquid's tokenization division Hyperunit, dominates the HIP-3 platform, accounting for nearly 90% of the open interest (OI). The platform's growth curve is showing a vertical upward trend, with daily trading volume reaching $22 billion, approximately 90% of HIP-3's total trading volume. Additionally, among the top 30 trading markets on trade.xyz, only seven are cryptocurrency trading pairs. The rest are tokenized "traditional" assets, such as S&P 500 Index, Nasdaq Index, and individual stock futures and contracts, as well as commodity contracts for gold, silver, and crude oil.