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HIP-3 on Hyperliquid exploded with over 500 million USD in trading within 24 hours

Hyperliquid has officially activated the custom HIP-3 markets, and initial data shows strong growth. According to the platform's interface, these markets have generated over 500 million USD in trading volume over the past 24 hours, reflecting a swift adoption from traders seeking synthetic assets that mimic securities. The HIP-3 structure currently includes three main segments — xyz, flx, and vnti — supporting over 20 tokens, most of which are built on underlying assets from the stock category.

Among them, the XYZ100 index leads, recording a trading volume of 320 million USD. The tokens linked to individual stocks also saw strong growth, with NVDA reaching 66 million USD and GOOGL reaching 45 million USD. The surge in trading volume indicates a strong demand for the on-chain stock market and the expanding role of Hyperliquid in the synthetic asset ecosystem.

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