The main reason for the growth in "non-crypto" contracts can be attributed to the ability for HIP-3 markets to operate 24/7.
Hyperliquid's HIP-3 markets hit $1.43 billion open interest fueled by 24/7 tokenized equities, commodities trading
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Hyperliquid's HIP-3 markets hit $1.43 billion open interest as 24/7 tokenized equities and commodities trade on the platform, company said today.
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