Huo Xing Cai Jing reports that on April 3, according to Hyperinsight monitoring, the traditional asset mapping contract deployed by Trade.xyz on the Hyperliquid platform via the HIP-3 protocol has continuously set new all-time highs in open interest, with daily open positions reaching $2.16 billion, accounting for over 90% of the total HIP-3 market share. Trading volume during the same period also rose to a weekly high of approximately $3.97 billion. Additionally, amid the ongoing tensions between the U.S. and Iran, even minor fluctuations in the Strait of Hormuz have triggered movements in crude oil prices. On the day, combined trading volume for WTI and Brent crude oil surpassed $1.08 billion, reaching $1.28 billion. WTI crude oil, due to its price rise exceeding that of Brent crude, saw more active trading, with a single-day volume of $837 million—exceeding ETH’s trading volume on the Hyperliquid platform.
Trade.xyz's traditional assets position reaches $2.16 billion, WTI crude volume surpasses ETH
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As of April 3, 2026, Trade.xyz’s traditional asset-mapping contracts on Hyperliquid via HIP-3 reached a new all-time high in open interest, with a daily position size of $2.16 billion, accounting for over 90% of the HIP-3 market. Daily trading volume hit $3.97 billion, a weekly high. Combined transaction volume for WTI and Brent crude reached $1.28 billion, with WTI trading at $837 million—surpassing ETH’s trading volume on the platform.
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