TradeXYZ flipped native Hyperliquid volume for the first time ever.
$4.8B in daily volume (54%) vs $4.1B on Hyperliquid's native perps. Meanwhile,
@tradexyz open interest hit a record $3.4B (+18% week-over-week).
Six months ago native perps were 90%+ of the platform.
Demand for equities, indices, commodities, and FX rather than crypto continues to accelerate.
data:
@Blockworks