‍Hyperliquid HIP-3 Achieves Record $5.2 Billion Daily Trading Volume

The decentralized derivatives platform Hyperliquid has reported a record-breaking $5.2 billion in single-day trading volume for its HIP-3 perpetual contract market on February 5, 2026. This surge highlights the growing trend of traders using DeFi for exposure to traditional financial instruments.

The primary driver was market provider TradeXYZ, which handles approximately 90% of non-crypto asset trading on HIP-3. TradeXYZ's silver perpetual contract alone accounted for roughly 68% of the total daily turnover. This activity coincides with significant volatility in global commodities, including gold surpassing $5,000 per ounce and silver rising above $100 per ounce.

https://cryptovka.ru/en/news/9014/hyperliquid-hip-3-hits-record-5-2-billion-daily-trading-volume