Hyperliquid's RWA Contracts Surge to 32.2% of Trading Volume

Hyperliquid's recent Q2 report reveals a significant increase in its RWA perpetual contracts. The trading volume of these contracts surged from 1.8% to 32.2%, making up a substantial portion of the platform's overall activity.

The quarterly trading volume reached $213 billion, highlighting Hyperliquid's growing influence in the market. According to @WuBlockchain, this trend suggests potential for sustained market interest moving forward.

Hyperliquid's Q2 report underscores a significant shift in its trading dynamics, particularly with the rise of HIP-3-related RWA contracts. The platform's revenue reached approximately $169 million, with substantial funds allocated for buybacks.