Wu Shuo learned that, according to DeFiLama data, Hyperliquid's total holdings have rebounded to $10 billion, doubling since mid to late February, but still falling short of the over $16 billion in holdings it achieved in August 2025. It is worth noting that Hyperliquid recently stated that the RWA-based HIP-3 holdings have reached $3 billion, accounting for 30% of the platform's total holdings.

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AccountantsAlsoGetInto
· 6h ago
Total holdings doubled, but what about TVL? Has the leverage multiple gone up again?
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RetroRadioSignal
· 8h ago
3 billion RWA holdings, if a black swan event triggers liquidation, it's much more complicated than a coin-backed one.
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BluePeonyDarkroom
· 8h ago
The RWA narrative of HIP-3 has indeed attracted a lot of institutional funding.
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OrigamiMountainsAndRivers
· 9h ago
The 16 billion in August—was it a bubble or real demand? Now it’s clear.
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NeonMint
· 9h ago
10B looks lively, but what about the actual number of active addresses?
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GateUser-e6dafce6
· 9h ago
RWA on-chain as collateral, this risk control model needs to be closely monitored.
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ColdLightNftCabinet
· 9h ago
The position is back, but has the fee structure changed? That's the key to making money.
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NonceNomad
· 9h ago
Doubled since mid-February, this slope is even steeper than the previous round.
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TokenomicsTailor
· 9h ago
30% RWA proportion indicates that the platform is transforming, not just a pure casino contract anymore.
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TransparentDome
· 9h ago
16 billion previous high is a hurdle; let's see if this time can break through.
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