Hyperliquid: $HYPE real-world assets have surpassed crypto assets on their own exchange

For the first time, real-world assets (RWAs) surpassed cryptocurrencies in trading volume within Hyperliquid, representing 54% of the total volume from the last week, according to data from ARK Invest. This is happening as the protocol maintains its buyback engine, directing most of its fees to steadily buy HYPE on the open market.

That RWAs are outperforming the native crypto on the leading decentralized exchange is no small matter: it signals a real shift in where institutional volume is heading.

Did you expect RWAs to overtake crypto on Hyperliquid this soon, or does it surprise you? 👉