BlockBeats message, April 3, according to monitoring by Hyperinsight, Trade.xyz’s traditional asset mapping contracts deployed on the Hyperliquid platform via the HIP-3 protocol under its umbrella have seen open interest continue to set fresh historical highs; intraday positions have reached $2.16 billion, accounting for over 90% of the overall HIP-3 market share. In the same period, trading volume also climbed in tandem to a weekly high, reaching about $3.97 billion.
Additionally, as the U.S.-Iran situation continues to grind on, even minor developments around the Strait of Hormuz can trigger swings in oil prices. Intraday combined trading volume for WTI crude oil and Brent crude oil broke through $1.08 billion to reach $1.28 billion. Of these, WTI crude oil has been trading more actively because its price rose more than Brent crude oil; its single-day trading volume reached $837 million, already exceeding ETH’s trading volume on the Hyperliquid platform.