Hyperliquid Sees Bitcoin and Oil HIP-3 Perpetual Pairs Top $1 Billion Daily Volume

According to the source, Bitcoin and oil HIP-3 perpetual pairs (futures without expiry) are the only markets on Hyperliquid to exceed $1 billion in 24-hour trading volume.

BTC
HYPE

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Terms & Concepts
  • Perpetual pairs: Crypto derivatives markets that track an asset’s price without a fixed expiration date.
  • 24-hour trading volume: The total value traded in a market over the past day, often used to gauge liquidity and activity.
  • Hyperliquid: A crypto trading platform focused on on-chain derivatives and high-frequency perpetual futures trading.