Commodities like oil, gold, and RWAs are now more popular on Hyperliquid than crypto!
What we're watching is a structural liquidity migration from TradFi's legacy rails to a new 24/7 on-chain market that never closes.
The shift has started. π
π¨BREAKING: Hyperliquid now trades MORE oil, gold, and silver than crypto.
Combined HIP-3 open interest surpassed $1.5 BILLION, an all-time high.
The platform is processing more volume in tokenized commodities than digital assets.
The 24/7 advantage is pulling volume from traditional exchanges.