The Block reports that HIP-3's share of total Hyperliquid perpetual volume has increased dramatically over the past few months. The market has grown from around 2% in January to approximately 50% currently. This significant increase suggests growing adoption and interest in onchain stock trading.
This article is Bitcoincryptos' summary and analysis of reporting originally published by The Block. Read the full original report at the link above.
The rise of HIP-3 markets is part of a broader trend of increasing activity in onchain stock trading, which allows for decentralized and permissionless trading without the need for intermediaries.