Hyperliquid HIP-3 tokenized markets reach $1.43 billion open interest as 24/7 equities and commodities gain traction

Aggregated open interest on Hyperliquid's HIP-3 markets climbed to a record $1.43 billion on Saturday, marking more than a 100x increase in six months. Trade.xyz, developed by Hyperliquid's tokenization unit Hyperunit, now accounts for around 90% of HIP-3 open interest and daily volumes of $22 billion, driven largely by 24/7 trading in tokenized equities and commodities. In parallel, the HYPE token is up over 50% year to date while Bitcoin has fallen by roughly 15%, and Hyperliquid has introduced HIP-4 to enable permissionless prediction market listings.