Summary
- Hyperliquid (HYPE) said its stablecoin liquidity has exceeded $1 billion, with investors recently flocking to the platform.
- It said stablecoin supply on HyperEVM and open interest (OI) rose by about 96% and $1 billion, respectively, over the past few weeks.
- It said that as traditional assets such as crude oil, equities and the S&P 500 index were added to the “HIP-3” platform and as Iran–U.S. clashes drove up volatility, WTI crude futures trading volume jumped to $1.0–$1.5 billion.
Forecast Trend Report by Period
Stablecoin liquidity on Hyperliquid (HYPE), a decentralized derivatives exchange, has surpassed $1 billion. The rise is seen as a result of investors flocking to the platform as the range of tradable products has expanded.
According to Cryptopolitan on the 20th (Korea time), the supply of stablecoins on Hyperliquid’s native chain, HyperEVM, has jumped about 96% over the past few weeks, pushing the total above $1 billion. Open interest (OI) also increased by about $1 billion over the same period.
The surge reflects a sharp rise in demand for derivatives trading. In particular, inflows are thought to have accelerated after traditional assets such as crude oil, equities and the S&P 500 index were added for trading on the platform’s “HIP-3.”
Indeed, as volatility in oil prices has increased due to recent clashes between Iran and the United States, daily trading volume in WTI crude futures on Hyperliquid has surged to around $1.0–$1.5 billion.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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