RWA accounts for 30%, Hyperliquid's structural transformation is more worth watching than just doubling the holdings

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.