Real World Assets Outstrip Crypto on Hyperliquid, A Watershed Moment for Decentralized Exchanges The latest numbers from Hyperliquid are a sobering reminder that the decentralized exchange landscape is shifting beneath our feet.
For the first time ever, real world asset markets have surpassed crypto trading in volume, accounting for 52% of Hyperliquid's $48. 2 billion weekly total.
This seismic shift has been building for months, driven by the rapid adoption of HIP 3 – a framework that allows external developers to create custom markets on the exchange's infrastructure.