MRVL Jumps to #2 on Hyperliquid's US Stock Hot List, with Daily Trading Volume Surpassing $300 Million

BlockBeats News, June 3rd, according to Hyperinsight Monitoring, during the last US stock trading day, the contract trading volume of MRVL (Marvell Technology) on Hyperliquid reached $307 million, becoming the largest contract volume of a US stock-related asset apart from the Nasdaq 100, rising to the top ten in total contract volume in both crypto and traditional markets, with open interest now at $130 million.

MRVL's full-day trading summary on the Nasdaq showed a trading volume of $31.54 billion on the previous trading day. Based on this calculation, the trading volume of MRVL contracts on Hyperliquid has now amounted to nearly one percent (about 0.98%) of its actual Nasdaq trading.