SpaceX-Linked Trading Reaches $1.4 Billion on Hyperliquid, SPCX Perp Dominates HIP-3 Market
Trading activity reportedly linked to SpaceX has generated approximately $1.4 billion on the Hyperliquid platform. The SPCX perpetual contract (perp) has emerged as the largest market within HIP-3. This surge contributes to a broader trend where stock-linked HIP-3 markets have collectively achieved over $18.8 billion in volume this month, surpassing the combined trading volume of crude oil and Brent perpetual contracts.
Trading associated with SpaceX has reportedly led to a significant surge in volume on the Hyperliquid platform, reaching approximately $1.4 billion.
The SPCX perpetual contract (perp), linked to SpaceX, has become the dominant market within the HIP-3 category.
More broadly, stock-linked HIP-3 markets have recorded a total volume exceeding $18.8 billion so far this month. This figure reportedly surpasses the combined trading volumes of both crude oil and Brent perpetual contracts.
According to The Block Crypto, this market activity indicates a strong interest in stock-linked derivatives.
