Hyperliquid's real-world asset trading is becoming incredible. In the past two weeks, the outstanding contract volume has exceeded $1.3 billion, and it reportedly recorded a trading volume of $1.4 billion in a single day over the weekend. Even while traditional markets are closed, major assets like crude oil, metals, and indices are being price-discovered 24/7.



Looking at data from DefiLlama, Hyperliquid's trading volume over the past 24 hours is $6.48 billion, with an open contract volume of about $6.41 billion. This means liquidity is highly concentrated. It's an unusually high volume for a DeFi protocol.

Is the wave of RWA tokenization really gaining momentum, or is Hyperliquid's platform itself becoming more popular? Either way, the trend of traditional financial assets being traded on-chain 24/7 doesn't seem to be stopping.
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