Hyperliquid introduces S&P 500 Index Mapping Futures Contract, with a daily open interest surpassing $19.6 million

BlockBeats News, March 19, according to Hyperinsight monitoring, Trade.xyz has deployed the S&P500/USDC (Standard & Poor's 500) trading pair on the Hyperliquid platform through the HIP-3 protocol, supporting up to 50x leverage.

The contract was officially launched last night, and as of the time of writing, the total trading volume has reached $31.5 million, with the open interest rapidly rising to $19.6 million.