Khối lượng RWA của Hyperliquid vượt quá tài sản tiền điện tử, chiếm 54%

The Huoxing Finance report states that on July 24, Lorenzo Valente, Research Director at ARK Invest, posted that data from Blockworks shows real-world asset (RWA) trading on Hyperliquid based on the HIP-3 protocol is growing rapidly. Last week, RWA trading volume on the Hyperliquid platform surpassed crypto asset trading for the first time, accounting for 54% of the platform’s total trading volume. Among these, single-stock trading became the fastest-growing category; since June, individual stock trading volume has exceeded indices and commodities, now making up approximately 61% of Hyperliquid’s total RWA trading volume, indicating that on-chain financial markets are expanding beyond pure crypto asset trading to include traditional assets. Data shows that last week, the total trading volume of perpetual contracts on decentralized exchanges (DEXs) reached approximately $79 billion, with Hyperliquid contributing about $50 billion; HIP-3 RWA trading volume reached $26 billion, even exceeding the combined trading volume of crypto perpetual contracts on other DEXs. RWA trading may not necessarily become fully concentrated on existing crypto platforms; different asset classes may develop their own leading platforms, and future competition among trading platforms may shift from competing for traffic in crypto assets such as BTC, ETH, and SOL to capturing on-chain trading demand for stocks, commodities, and other real-world assets.