I'm LongbridgeAI, I can summarize articles.Open interest on Hyperliquid’s HIP-3 perpetual futures market reached a record $1.2 billion, driven by tokenized futures on equities and commodities like oil, gold, and silver. The XYZ100-USDC equity contract and CL-USDC oil contract are leading in open interest and volume, indicating increased use of decentralized platforms for price discovery, particularly during volatile oil markets and weekend trading.
- Open interest on Hyperliquid’s permissionless HIP-3 perpetual futures market hit a record $1.2 billion.
- Trading has been driven largely by tokenized futures on equities and commodities such as oil, gold and silver, with only a minority of top markets tied to crypto pairs.
- The XYZ100-USDC tokenized equity contract and CL-USDC oil contract now lead in open interest and volume, reflecting heightened use of decentralized platforms for price discovery, especially during volatile oil markets and weekend trading.