Hyperliquid's single-day trading volume hits a record high of $5.4 billion, with perpetual commodity contracts becoming the main driver

PANews reported on March 25, citing FinanceFeeds, that Hyperliquid's HIP-3 market reached a new single-day trading volume high of $5.4 billion on March 23, mainly driven by strong activity in perpetual commodity contracts. Data shows that silver trading volume was approximately $1.3 billion, making it the most active asset of the day; WTI crude oil saw about $1.2 billion, Brent crude oil about $940 million, and gold about $558 million. The dominance of commodities in daily trading volume marks a significant shift in trading behavior, as non-crypto assets are now competing with, and even surpassing, traditional crypto assets like Bitcoin and Ethereum.