Overview
- HYPE, which climbed above $45 on Tuesday after a weeklong gain of more than 20%, later traded near $43.4.
- WTI Crude posted over $840 million in 24-hour volume and ranked third on the exchange, while Brent topped $360 million and ranked fifth.
- Hyperliquid’s HIP-3 framework allows outside developers to launch perpetual futures beyond crypto, which the project frames as decentralizing listings.
- Builder-deployed markets reached about $1.2 billion in open interest in March, and HIP-3 daily volume hit roughly $5.4 billion in late March led by silver, WTI, Brent, and gold.
- The Wall Street Journal reported that during US–Iran tensions, cumulative oil futures volume on Hyperliquid jumped from $339 million to $7.3 billion within days as traders used nonstop markets while traditional venues were closed.