In the 24 hours to 15:35 UTC on Nov 3, 2026, Hyperliquid’s 167 HIP-3 markets traded about $4.5B. Hyperliquid’s main perps traded about $6.0B in the same hours, so HIP-3 carried 43% of all perp volume there.
Oil led the day
The busiest HIP-3 market was crude oil (WTI), with about $580M traded. Brent crude followed with about $470M, then the index perp XYZ100 with about $380M. Further down the list, silver traded about $190M.
These markets are perpetual futures on stocks, indices, commodities and currencies, deployed by builders under HIP-3. They trade around the clock. While the exchanges that list the underlying assets are closed, the price comes from the order book, and it can move away from where the underlying opens.
Method
- Source. Hyperliquid’s public API: the list of HIP-3 dexes, then each market’s day from
metaAndAssetCtxs. - Time. One read, at 15:35 UTC on Nov 3, 2026. Volume is the rolling 24 hours the API gives at that moment.
- Volume. Notional, in dollars. Open interest is valued at each market’s mark price.
- Rounding. Two significant figures.
What the numbers don’t say
A rolling 24 hours is not a calendar day, and a single read is not a trend: another hour gives other numbers.
Volume is not open interest, and neither says where prices go next.