According to ARK Invest research director Lorenzo Valente, Hyperliquid's real-world assets (RWA) trading volume exceeded cryptocurrency assets for the first time in a single week, accounting for 54% of total trading volume on the platform today. Of this, $26 billion comprised HIP-3 RWA trades, with equities representing 61% of RWA volume and surpassing indices and commodities since June.
Valente noted that total decentralized exchange perpetual futures trading volume last week was $79 billion, with Hyperliquid capturing $50 billion. Hyperliquid's RWA market has exceeded the combined crypto perpetual futures trading volume of all other DEXes.