Dwelling » Ecosystem » Hyperliquid’s HIP-3 trading quantity exceeds $10B milestone
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Dec. 19, 2025
Trading exercise on Hyperliquid’s permissionless HIP-3 markets tops $10B as builders lengthen perp listings.
Key Takeaways
- Hyperliquid’s HIP-3 protocol has surpassed $10 billion in cumulative trading quantity.
- The milestone signifies sturdy enhance and adoption of decentralized trading on Hyperliquid.
Allotment this article
Hyperliquid’s HIP-3 markets comprise surpassed $10 billion in entire trading quantity, in accordance to Hyperzap files. The milestone reflects cumulative trading exercise across all person-created perpetual futures markets for the explanation that system’s originate.
HIP-3 permits builders to manufacture and operate their beget perpetual markets by staking HYPE and winning a itemizing auction. This structure expands Hyperliquid from a closed DEX into an open platform, where nearly any asset or index can change into a tradable perp market.


