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Hyperliquid’s HIP-3 trading volume exceeds $10B milestone

Crypto Briefing
Hyperliquid's HIP-3 protocol has surpassed $10 billion in cumulative trading volume across its perpetual markets.

Summary

Hyperliquid's HIP-3 markets have achieved a significant milestone, surpassing $10 billion in total cumulative trading volume since the system's launch, according to Hyperzap data. This growth reflects the adoption of decentralized trading on the platform. The HIP-3 protocol enables builders to create and operate their own perpetual futures markets by staking HYPE tokens and winning a listing auction, effectively transforming Hyperliquid from a closed Decentralized Exchange (DEX) into an open platform where various assets or indices can be listed for perpetual trading.

(Source:Crypto Briefing)