6 December 2025

HYPERLIQUID S HIP-3 MARKETS BLOW PAST 5B IN VOLUME
Hyperliquid s newly launched user-created perpetual and synthetic markets have already crossed 5B in trading volume, accelerating the L1 perp DEX chain s growth with fresh markets.
HIP-3 enables builders to permissionlessly launch custom perp markets like synthetic equity indices by staking 500,000 HYPE. Hyperliquid pulled in roughly 3M in fees over the past 24 hours, continuing to dominate as the highest-fee-generating chain.