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3 clusters · 6 sources · 25 days · First seen · Last updated

Categories: BUSINESS · TECHNOLOGY

Hyperliquid RWA volume overtakes crypto

Entities: Coinbase · Hyperliquid

Overview

Following the July 2026 integration with TradingView and a surge in tokenized real‑world asset (RWA) trading, Hyperliquid’s decentralized perpetuals exchange saw RWAs generate roughly $25 billion in weekly volume, accounting for more than half of total activity and yielding $7.6 million in weekly revenue.

In the week of 13–19 July, RWAs reached $25.1 billion of the exchange’s $48.2 billion total weekly volume, marking the first time RWA trading surpassed pure‑crypto transactions. Individual tokenized stocks made up 61 % of the RWA flow, a result attributed to Hyperliquid’s HIP‑3 mechanism that facilitates stock‑style markets on‑chain.

The shift underscores growing investor interest in non‑crypto assets within DeFi, positioning Hyperliquid as a leading venue for tokenized equities and other real‑world instruments, and prompting potential regulatory attention and partnership opportunities.

Timeline

  1. 3 days ago

    [BUSINESS] 3 sources
    Hyperliquid Decentralized Exchange Real-World Assets Overtake Crypto in Weekly Volume

    Hyperliquid’s weekly volume saw real‑world assets, especially tokenized stocks, top crypto for the first time, generating $25.1 billion of $48.2 billion total in early July 2026.

  2. 5 days ago

    [TECHNOLOGY] 2 sources
    Hyperliquid’s RWA Trading Volume Overtakes Crypto Assets on Platform

    In the week of July 13‑19, Hyperliquid’s RWA trading hit $25 billion (≈52 % of total), overtaking all other crypto assets and marking a DeFi shift toward real‑world assets.

  3. 27 days ago

    [TECHNOLOGY] 2 sources
    Hyperliquid integration with TradingView fuels $116M inflows and expands DeFi perpetual futures

    Hyperliquid’s $116 M inflow and TradingView data‑feed integration expand DeFi perpetual futures, with the platform handling $2.9 trillion volume and over 220 k monthly users.

Sources

abmedia.io · blockchainreporter.net · blogs.airdropalert.com · cryptobreaking.com · cryptobriefing.com · cryptopolitan.com