Hyperliquid's
@HyperliquidX HIP-3 is becoming the venue for pre-IPO trading and price discovery
$SPCX
@SpaceX is the clearest example yet
On IPO day alone, trading volume hit ~$1.4B
Total cumulative volume reached ~$3.1B across 9 days, pre and post-IPO
The trading day no longer has a closing bell for onchain equity markets