Hyperliquid Perpetual Contracts Set Record: HIP-3 Market Daily Trading Surpasses $1 Billion

GasFeeLady · 2026-01-22T06:20:08+00:00

The derivatives trading market of Hyperliquid has recently experienced a surge, with the HIP-3 market trading volume exceeding $1 billion for two consecutive days, reaching a new high. TradeXYZ assets contribute significantly, with a single trader exceeding $860 million in trading volume. The market's open interest has surpassed $500 million, perpetual contracts are gaining attention, and market enthusiasm continues to rise.

GasFeeLady

2026-01-22 06:20:08

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【Crypto World】Hyperliquid’s derivatives trading market has recently become popular. The trading volume of the HIP-3 market has broken the $1 billion mark for two consecutive days, setting a new high.

Looking at more detailed data, the contribution of the asset TradeXYZ is the most significant, with one person handling over $860 million in trading volume, which is the majority. Currently, the market’s open interest has surpassed $500 million, indicating that participants are quite enthusiastic about it.

From these numbers, it can be seen that perpetual contracts are gaining more attention, and more funds are actively involved. The market’s popularity continues to rise, and further developments are worth watching.

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ThatsNotARugPull

· 11h ago

86 million to settle one person? How big of a whale does that make, or is it just pure volume boosting? This data seems a bit fake, it feels easily manipulated. Perpetual contracts are just an upgraded version of gambling; large trading volume doesn't mean health. Can Hyperliquid's current hype last? It feels a bit like false fire. A single transaction over 8 billion? Who's that? That's really bold. The contract market is hot, but the risks are also really high, brother. Holding 500 million sounds like a lot, but is the market depth enough?

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GasFeeSurvivor

· 01-22 06:49

Damn, one person handled a transaction of 860 million. How much capital does that take? A daily average of 1 billion is really impressive. Hyperliquid is on the rise. TradeXYZ is so competitive, it feels like it’s going to explode. Wait, is this data real? No fluff? Are perpetual contracts this popular now? Why didn’t I keep up? It’s that kind of situation where one guy determines the outcome, so exciting. Holding 500 million... with so much capital, is this really a rich person’s game or not? What is HIP-3? First time hearing about it, I can’t keep up with the pace. If this is a pump, I’ll be unlucky. I really dislike this kind of setup. They broke through 1 billion in just two days. Is the next step starting at 10 billion? A single person’s transaction volume of 860 million? This guy is too crazy. Are perpetual contracts already this competitive? I need to check. It feels like Hyperliquid is doing some new tricks.

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CodeAuditQueen

· 01-22 06:48

Single address with 860 million in transaction volume? This number is way off the charts. We need to check if it's due to flash loan arbitrage or some reentrancy attack variants... Real money has been poured in, so where's the risk audit?

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BlockTalk

· 01-22 06:46

Wow, 860 million in trading volume by a single person? How much courage does that take? HIP-3, is this the rhythm of taking off, continuously breaking 1 billion? Perpetual contracts are really hot right now, but the risks seem quite high too. Is this guy TradeXYZ mining or what? Such a big move. Waiting to see if there will be a pullback next; the hype is a bit fake. But a 500 million holding scale definitely shows some confidence; continue to watch. If this market trend continues, another wave of liquidations might happen.

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RumbleValidator

· 01-22 06:44

860 million all come from a single address? This data needs to be verified clearly, otherwise it's not convincing at all.

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FarmToRiches

· 01-22 06:26

1 billion USD trading volume, is this real? One person with 860 million? Are you crazy? What is TradeXYZ? Why is it so aggressive? I haven't heard of it. Perpetual contracts are really attractive, but don't be fooled by the numbers. Be cautious when investing. Holding a position of 500 million and it's trending? This is just the beginning, feels like it's about to take off. I'm a bit tempted, but I won't jump in yet. Let's see how things develop later.

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