Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
CFD
U.S. stock CFD derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
Hyperliquid HIP-3 cumulative trading volume surpasses $200 billion, as the traditional asset track on the chain continues to heat up
Deep Tide TechFlow News, June 14 — According to publicly available information, since the launch of Hyperliquid's HIP-3 framework in October 2025, the total trading volume has exceeded $200 billion. The platform's peak open interest (OI) for unsettled contracts reached approximately $3.2 billion in June this year, reflecting the continuous expansion of the traditional asset derivatives market on the chain.
Among them, S&P Dow Jones Indices authorized Trade[XYZ] to launch the official S&P 500 perpetual contracts on Hyperliquid, which is regarded as a significant development in this sector. This product is open to eligible non-U.S. investors, supports 24/7 trading, settles in USDC, has no fixed expiration date, and does not require traditional futures rollover costs. Data shows that in the first week after launch, the daily trading volume of this product exceeded $100 million, quickly ranking in the top ten for platform trading volume.
Market opinions suggest that the recent on-chain trend of traditional assets has also been driven by the listing events of popular tech companies. As SpaceX completed its Nasdaq listing, some investors began to focus on gaining exposure to hot assets through on-chain derivatives.
Simon Dedic, co-founder of Moon Rock Capital, publicly stated that compared to some centralized platforms with custody and lock-up restrictions, on-chain perpetual contracts are becoming a new option for investors to gain exposure to hot assets like SpaceX, Anthropic, OpenAI, and others. He also believes that if the U.S. CLARITY Act is officially enacted in the future, it could further promote the development of markets related to traditional assets and real-world assets (RWA) on the chain.
As more traditional financial assets are launched on chain platforms in derivative form, the market continues to focus on new opportunities brought by the integration of crypto infrastructure and traditional capital markets.