Hyperliquid's open interest in the perpetual decentralized exchange (DEX) market has surged to approximately $9.11 billion, marking its highest level since mid-January, according to DefiLlama data. This increase comes amid heightened volatility in U.S. equities, commodities, and crypto markets. Hyperliquid also reported a 24-hour trading volume of about $8.27 billion. Within the HIP-3 ecosystem, Trade.xyz has experienced a resurgence in trading activity, with its trading volume and open interest reaching their highest levels in nearly a month. Trade.xyz recorded a 24-hour trading volume of approximately $3.34 billion and an open interest of $2.18 billion. Other notable performers include EdgeX with a trading volume of $2.19 billion and open interest of $945 million, and Aster with a trading volume of $1.87 billion and open interest of $2.31 billion.