ChainCatcher report, according to Financefeeds, decentralized derivatives platform Hyperliquid recorded approximately $15 billion in trading volume over the past week, with commodity-related contracts serving as the primary driver. Perpetual contracts for commodities such as crude oil, gold, and silver have consistently ranked among the most actively traded markets; crude oil perpetuals exceeded $1.2 billion in 24-hour volume on certain trading days, while silver perpetuals averaged around $1.25 billion in daily volume. The platform’s total daily trading volume once reached $15 billion in a single day, with a significantly increased share of non-crypto market trading. Hyperliquid’s HIP-3 framework enables the creation of perpetual contracts pegged to a variety of assets—including commodities, stocks, and indices—driving a rapid diversification of trading activity away from traditional crypto pairs like Bitcoin and Ethereum.
Hyperliquid weekly trading volume exceeds $15 billion, driven by growth in commodity markets.
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Summary
Hyperliquid’s weekly trading volume surpassed $15 billion, led by commodity contracts. Crude oil, gold, and silver perpetuals recorded the highest activity, with crude oil trading over $1.2 billion in 24 hours and silver averaging $1.25 billion daily. The platform’s total transaction volume reached $15 billion in a single day. Hyperliquid’s HIP-3 framework supports perpetuals on commodities, stocks, and indices, extending beyond crypto pairs.
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