Key Takeaways
- Hyperliquid’s HIP-3 protocol has surpassed $10 billion in cumulative trading volume.
- The milestone indicates strong growth and adoption of decentralized trading on Hyperliquid.
Hyperliquid’s HIP-3 markets have surpassed $10 billion in total trading volume, according to Hyperzap data. The milestone reflects cumulative trading activity across all user-created perpetual futures markets since the system’s launch.
HIP-3 allows builders to create and operate their own perpetual markets by staking HYPE and winning a listing auction. This structure expands Hyperliquid from a closed DEX into an open platform, where nearly any asset or index can become a tradable perp market.
Source: https://cryptobriefing.com/hip-3-trading-volume-milestone/
