𝐌𝐨𝐫𝐞 𝐭𝐡𝐚𝐧 𝐡𝐚𝐥𝐟 𝐨𝐟 𝐇𝐲𝐩𝐞𝐫𝐥𝐢𝐪𝐮𝐢𝐝’𝐬 𝐯𝐨𝐥𝐮𝐦𝐞 𝐰𝐚𝐬 𝐑𝐖𝐀𝐬.

Read that again.

Between July 13–19, RWA markets did $25.1B in volume out of Hyperliquid’s $48.2B weekly total.

That’s 52%.

And it was the first week RWA trading became larger than the combined volume of every other asset category on the platform.

This is the part I find more interesting than the headline:

Tokenized stocks, commodities and other traditional assets aren’t just being put on-chain anymore. People are actually trading them.

Which makes the TradFi + DeFi connection a lot harder to ignore.

FOMC decisions can move yields, liquidity and risk appetite across traditional markets. Now there’s an increasingly active on-chain market that can react to those same conditions.

Hyperliquid’s HIP-3 infrastructure is helping expand what can be traded on-chain, while integrations like Ondo’s tokenized stocks are pushing the idea even further.

And that puts $HYPE in an interesting spot within the broader Hyperliquid ecosystem.

I’ve also been keeping an eye on how these TradFi markets are moving through BingX, because the line between “crypto markets” and “traditional markets” is getting pretty blurry.

#HYPE #BTC #BTC Price Analysis# #RWA $BTC $ETH