On May 7th, according to Hyperinsight monitoring, Trade xyz was deployed on the Hyperliquid platform through the HIP-3 protocol for traditional asset mapping contracts, with trading activity heating up. The intraday trading volume increased by 30.4% compared to last week, reaching $3.3 billion; holdings slightly grew by 4.78%, approximately $2.21 billion.

It is reported that the structure of traditional asset holdings has become differentiated. Due to the continuous decline in oil prices, WTI crude oil and Brent crude oil holdings were heavily released, with the combined holdings of the two oils decreasing by 59% week-over-week, now totaling $539 million.

Meanwhile, the strong upward movement of the U.S. stock market supported the overall holdings to remain high. The S&P 500 index contracts attracted capital inflows as they rose, with holdings increasing and now ranking as the fourth largest asset on the Hyperliquid platform. #Gate广场五月交易分享