WTI crude oil trading volume on Hyperliquid has surged by 140% recently, with the HIP-3 market now accounting for 30% of total trading volume.

PANews reported on March 6th that, according to HyperInsight monitoring, the daily trading volume of all HIP-3 markets on Hyperliquid reached $2.2 billion, accounting for 30.1% of the platform's total trading volume of $7.34 billion. This indicates a continued increase in demand and activity for on-chain trading of traditional assets such as US stocks, gold, and crude oil. Currently, SILVER (silver-mapped contract) is the top-traded traditional asset.

The contract with the largest increase in trading volume on Hyperliquid recently is xyz:CL (WTI crude oil mapping contract). After its daily trading volume exceeded $100 million on March 3, it reached $242 million in the past 24 hours, a 140% increase compared to the previous day. It is now the sixth largest trading pair on the platform, with an open interest of $66.06 million during the same period.

Note: The core of HIP-3 lies in the RWA (Real World Asset) mapping contract.