Hyperliquid RWA Open Interest Hits $3 Billion All-Time High As HIP-3 Maintains Monthly Record Streak
Hyperliquid RWA open interest reached $3 billion, with HIP-3 setting monthly records since October 2025, signaling growing demand for tokenized derivatives.
➤ Hyperliquid's RWA open interest has surpassed $3 billion, marking a new all-time high and extending a consistent monthly record streak since October 2025. ➤ This growth is attributed to HIP-3, a dedicated RWA perpetuals market on Hyperliquid's proprietary L1 chain, attracting traders seeking leveraged access to tokenized off-chain assets. ➤ While impressive, the concentration of open interest on a single venue raises concerns about risk, and future growth may depend on expanding product breadth and navigating regulatory landscapes.










