Hyperliquid’s HIP-3 markets hit $2.2 billion in daily trading, with a whale capitalizing on Circle stock’s on-chain surge, highlighting the platform’s high liquidity and leveraged trading activity.
Hyperliquid reported that its HIP-3 markets achieved $2.2 billion in daily trading volume, representing 30.1% of the platform’s $7.34 billion total. The largest traditional asset contracts were SILVER and WTI crude oil, with the latter reaching $242 million after a 140% daily increase. This follows a whale executing a $2.2 million 10x leveraged long on CRCL, realizing a $370,000 profit as Circle stock rose from $80 to $106.