Everyone is watching ETH charts right now, but I think this is more interesting. RWA perps have already done more than $2T in trading volume this quarter. That is higher than the whole previous quarter, and Q3 is not even over yet. A big part of that volume is coming from HIP-3 markets on Hyperliquid. People are trading perps based on stocks, commodities, and indexes, not only BTC and ETH. Obviously, $2T in volume does not mean $2T is sitting on-chain. It is mostly synthetic trading, so the volu
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