The HIP-3 market trading volume on Hyperliquid has reached 30% of the total, with WTI crude oil trading volume surging by 140% in recent days

BlockBeats News, March 6th, according to HyperInsight monitoring, the total daily trading volume of all HIP-3 markets on Hyperliquid has reached $2.2 billion, accounting for 30.1% of the platform's total volume of $7.34 billion. This implies a continuous increase in demand and activity for on-chain trading of traditional assets such as US stocks, gold, and oil, with SILVER (Silver Mapping Contract) currently leading the traditional asset trading volume.

Recently, the contract with the largest increase in trading volume on Hyperliquid is xyz:CL (WTI Crude Oil Mapping Contract). This trading pair's daily trading volume surged past $1 billion on March 3rd and has set a new record with a volume of $2.42 billion in the past 24 hours, a 140% increase compared to the previous period. It is now ranked sixth on the platform's trading leaderboard, with a concurrent open interest of $66.06 million.

Note: HIP-3 focuses on Real World Asset (RWA) mapping contracts.