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Hyperliquid's HIP-3 markets surge to nearly 50% of perp volume as onchain stock trading grows

Hyperliquid's HIP-3 markets surge to nearly 50% of perp volume as onchain stock trading grows

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HIP-3, Hyperliquid's permissionless framework for builder-deployed perpetuals, has grown from roughly 2% of volume in January to about half, led by TradeXYZ's stablecoin-settled Nasdaq-100 index and single-stock contracts.

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