Real-World Assets Overtake Crypto Trading on Hyperliquid for First Time

BitKE reported that Hyperliquid processed roughly $50 billion of the $79 billion traded across all decentralized perpetual exchanges last week, giving it a market share above 63%. Of that total, about $26 billion came from HIP-3 RWA markets alone — exceeding the combined crypto perpetual trading volume of every other decentralized exchange, according to Valente.

The shift has been driven largely by tokenized equities. Since June 2026, single-stock perpetual contracts have overtaken commodities and index products, accounting for 61% of all RWA trading volume on Hyperliquid.

Decrypt described the development as the first time real-world assets — including stocks, commodities, and market indices — outpaced crypto on what it called the world's biggest decentralized derivatives exchange.

South Korea's largest lender will roll out an on-chain payment service for trade companies next month, using JPMorgan's Kinexys network to speed up dollar transfers across 10 countries.