Hyperliquid has reported a significant increase in trading volumes for its gold and silver contracts, despite a general decline in demand for precious metals. Over the past 24 hours, the PAXG gold token and GOLD gold mapping contracts achieved a combined trading volume of $602.7 million, with open interest totaling $196 million. Meanwhile, the SILVER silver mapping contract recorded a 24-hour trading volume of $2.659 billion and an open interest of $224 million. Additionally, the COPPER mapping contract saw a trading volume of $161.3 million and an open interest of $115.8 million.