BlockBeats News, June 29th, according to Hyperinsight monitoring, during the traditional market closure, trading activity of TradFi contracts provided by Trade xyz on Hyperliquid noticeably cooled down, with a weekend daily average trading volume of about $590 million, only 16.8% of the weekday average (approximately one-sixth). The trading volume of HIP-3 as a percentage of total Hyperliquid volume also fell to 36.4%.
However, data from several consecutive weeks shows that Sunday's trading volume is significantly higher than Saturday's, with an increase of over 60%. This week's data indicates that Saturday's trading volume was about $338 million, and as of the time of writing, Sunday's trading volume has reached $654 million, a 93.5% increase from Saturday. As the traditional market is approaching its opening on Monday (around 9 AM), some on-chain traders may have developed a trading habit of positioning themselves early via 24-hour on-chain markets to set prices and prepare for the opening market conditions.
