BlockBeats News, February 11th, Hyperliquid’s HIP-3 permissionless perpetual contract market recorded a $5.2 billion daily trading volume on February 5th. This is the protocol’s highest single-day record since its launch in October 2025.
As the dominant market deployer on HIP-3, TradeXYZ continues to occupy nearly 90% of the total trading volume through its perpetual contracts on precious metals, stock indices, and individual stocks. Only TradeXYZ’s silver perpetual contract generated a $4.09 billion trading volume on February 5th, accounting for approximately 68% of the day’s total HIP-3 activity. This is because the commodity’s price volatility has attracted traders seeking alternative assets to cryptocurrency.
