Hyperliquid has been increasing its liquidity, recently attracting over $1 billion in stablecoins. Open interest in perpetual futures DEXs also increased by $1 billion last month.
Hyperliquid is returning to its important role as a decentralized, permissionless trading hub. The exchange has crossed the $1 billion threshold in available stablecoin liquidity.
The HyperEVM chain recently crossed a milestone as the supply of stablecoins has increased rapidly since February. Based on Artemis data, over the past few weeks, the supply of stablecoins on Hyperliquid has 96%.
One of the main reasons for the expansion is commodity trading on HIP-3, a third-party liquidity pairs platform. HIP-3 also added stocks and the S&P500 index as crypto traders switched to traditional assets with strong direction.
hyper liquid $HYPE still waiting for breakout
Hyperliquid’s native token $HYPE It is one of the best performing altcoins in the past 90 days. Besides trending tokens and memes, $HYPE It is one of the tokens linked to a project that generates real revenue.
$HYPE It traded at $39.69, briefly reversing Cardano’s ADA. This token is already in the top 15 and is expected to rise further as Hyperliquid gains popularity. $HYPE After briefly rising to $43, it fell back, sparking hopes for a top 10 entry into the top 10 of coins and tokens, and establishing itself as a growth asset reflecting the influx of users to Hyperliquid.
See also Cryptocurrency turmoil: Altcoins stall ahead of $650 million token release
Hyperliquid has been one of the top performing altcoins over the past three months, emerging from the decline of most crypto assets. |Source: CoinGecko.
the current, $HYPE is stuck below $40, with no bids above this price range. As some whales still sold, the token halted its historic “upward only” price increase. For the past few months, $HYPE We have seen short-term volatility and some whales have been able to profit from long or short positions.
The most bullish predictions are: $HYPE If Hyperliquid continues to expand its activity, it could rise to $150. DEX attracts $881 million This is an annualized charge and is used for the following purposes: $HYPE Buybacks are supporting prices. Share buybacks haven’t yet been able to spark a big rally. $HYPE Sales are also under pressure.
Crude oil sets new daily trading record
HIP-3 WTI branded crude oil traded in excess of $1 billion per day. Other sources point to $1.5 billion in activity as interest accelerates. Cryptocurrency influencer Arthur Hayes remains bullish $HYPE Based on the performance of oil contracts.
$1.5 billion in oil contracts are traded per day, which is pretty impressive. $HYPE is taking over. See you for $150. 😘😘😘😘 pic.twitter.com/rD5cdBw0UL
— Arthur Hayes (@CryptoHayes) March 20, 2026
Brent crude oil also rose to the top three in futures trading with a daily volume of $462. Oil futures currently rank above gold and silver trading and are moving closer to traditional contracts for ETH and BTC. The commodity followed a trajectory previously reserved for hot tokens, but with a broader basis for valuation based on geopolitical events.
See also Orca is back to being one of the most bought tokens over the past week
HyperLiquid’s open interest is still affected by last October’s crash. Over the past month, open interest has gradually increased as commodity adoption has expanded. Hyperliquid is one of the new winners in the Web3 race and is now growing without special incentives or farming seasons.
