BUSINESSTHE BLOCK
SpaceX IPO fuels $1.4 billion trading frenzy on Hyperliquid as SPCX perp becomes HIP-3’s biggest market
SpaceX's IPO has triggered a $1.4 billion trading frenzy on Hyperliquid, with SPCX perp becoming HIP-3’s largest market. Stock-linked HIP-3 markets have generated over $18.8 billion in volume this month, surpassing combined crude oil and Brent perps trading.
Mentioned
Related Signal
Adjacent reporting
- Kalshi trading in 'perps' crosses $1 billion in volume within a week of launch
- Hyperliquid hits record share of global perps market as HIP-3 tops $62 billion monthly volume
- Citadel Securities posts record $4.3bn in trading revenues on Iran volatility
- Circle And Coinbase Backing Hyperliquid Has Traders Watching HYPE Closely
- Crypto derivatives activity slumps to late-2023 levels, but US perp market opportunity emerges
- Did anyone spot the TON breakout before the volume spike