The Hyperliquid Research Collective reported that after Hyperliquid opened HIP-4 to external trading venues on August 29, daily trading volume increased from an average of $5.45 million per day in August to $19.7 million on August 31 over three days. Two trading venues each submitted 500,000 HYPE bonds and utilized seven templates approved by validators. Outcome captured 85% of trading volume through a $1 million rebate program, while Skew accounted for 1%.
Hyperliquid's daily trading volume exceeds $2 million within three days of HIP-4's launch.
TechFlowShare
Summary
Hyperliquid's trading volume surpassed $2 million within three days of the HIP-4 launch on August 29. Daily trading activity increased from an average of $545,000 in August to $1.97 million on August 31. Two venues submitted 500,000 HYPE bonds using seven verified validator-approved templates. Outcome captured 85% of the trading volume with a $1 million rebate program, while Skew held 1%.
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