DEFI Markets Derivatives Daily Hip 3 Volume vs Hyperliquid Total Perpetuals Volume Market Share
DeFi
The daily trading volume generated by HIP-3 permissionless perpetual markets, expressed as a share of Hyperliquid's total perpetuals trading volume Shown here for Other.
Why it matters
To measure how much of Hyperliquid's overall perpetuals activity comes from independently deployed HIP-3 markets rather than the exchange's native listings.
How it is built
Dividing the daily USD trading volume executed on HIP-3 markets by the total daily USD volume across all Hyperliquid perpetual markets.
What to watch
A rising share shows HIP-3's permissionless market model is gaining traction and diversifying Hyperliquid's volume base beyond its core listings.
Related metrics
- DEFI Markets Derivatives Hyperliquid Daily Perpetuals Volume in USD
- DEFI Markets Derivatives Hip 3 Daily Volume by DEX USD
- DEFI Markets Derivatives Daily Hip 3 Volume by Asset USD
- DEFI Markets Derivatives Hyperliquid Total Cumulative Volume
- DEFI Markets Derivatives Hyperliquid Daily Volume per Builder
- DEFI Markets Derivatives Perpetual Protocol Trade Market Share
- DEFI Markets Derivatives Market Share of Staked Hype by Validator
- DEFI Markets Derivatives Hip 3 Daily Open Interest by DEX

