Open interest in the HIP-3 ecosystem has reached an unprecedented $2.71 billion, driven by a surge in U.S. equities, according to Hyperinsight monitoring. Trade.xyz dominates this figure, accounting for 94.2% or $2.56 billion, with a 24-hour trading volume of $1.775 billion. In parallel, Hyperliquid's open interest has climbed to $9.647 billion, marking its highest level since November last year. The platform also reported a significant 24-hour trading volume of $7 billion, reflecting heightened market activity.