Hyperliquid HIP-3 open interest surpasses $2 billion, demand for 24/7 tokenized stocks surges.

CoinFeed reported on April 16th that, according to The Block, Hyperliquid's HIP-3 market open interest reached a record $2.38 billion last week, slightly below $2.1 billion on Wednesday, representing a year-to-date increase of approximately 580%. TradeXYZ accounts for over 90% of HIP-3 open interest. On the Hyperliquid platform, only three of the top ten most traded markets are crypto trading pairs; the rest are tokenized stocks and commodity futures, including Nasdaq, S&P 500, oil, gold, and silver.