#equity perps

[rwatimes]

Hyperliquid open interest surges to $2B with $646B quarterly volume

➤ Hyperliquid has experienced a significant surge in its equity perpetuals open interest, growing 3.3x to $1.67 billion in 90 days. ➤ The platform's quarterly trading volume reached $646 billion, nearing 92% of Robinhood's total trading activity. ➤ This growth is largely attributed to its HIP-3 permissionless markets for tokenized equities, commodities, and pre-IPO contracts, highlighting the increasing importance of RWAs in the crypto space.

[rwatimes]

Binance June 1 Teaser Fuels Stock Trading Speculation

Binance has set June 1 for a new product reveal, and the vague timing has quickly pushed speculation toward stock trading. The clearest theory now circulating across crypto trading circles is that the exchange may be preparing a stock-focused product rather than a routine listing...

➤ Binance is rumored to be launching a stock trading product on June 1, moving beyond crypto-only offerings. ➤ The potential product could involve direct tokenized stocks or synthetic exposure, aiming to integrate traditional equity markets with crypto accounts. ➤ This move aligns with a broader trend of crypto exchanges seeking to offer diverse asset classes like stocks, commodities, and ETFs to their users.