Asset manager DigiAssetFund withdrew 15,000 Hyperliquid tokens valued at approximately $525,000 from FalconX on December 4, pushing its holdings above $1 million, data show. Hyperliquid's HIP-3 custom markets surpassed $5 billion in cumulative trading volume on the same day. The platform's permissionless framework has enabled traders to deploy perpetual contracts on technology equities and indices beyond traditional crypto assets.