Hyperliquid Founder Highlights Growth of HIP-3 Market and Expansion of Financial Access

Jeff Yan, the founder of Hyperliquid, revealed during a discussion at TOKEN2049 in Singapore that the HIP-3 market accounted for approximately 51% of the platform's trading volume in July 2026. This statistic underscores a strong product-market fit, as users are increasingly willing to transition from traditional financial products to new on-chain markets. Yan emphasized the significant gap in product supply that exists, which has fostered user trust in the execution capabilities of the platform's deployers.

The conversation also touched on the growing importance of perpetual contracts for real-world assets, including crude oil and Pre-IPO opportunities, as key directions for the HIP-3 market. Yan expressed concern over the accessibility of trading opportunities, noting that traditional finance often restricts certain assets to a select few during their early stages. By the time these assets become available to the public, the primary growth phase may have already been dominated by those with early access.

Hyperliquid aims to serve as an open protocol and infrastructure for various financial products and applications, rather than competing directly with front-end platforms. The introduction of Builder Codes allows developers to create mobile applications and institutional trading terminals without needing to establish their own underlying systems for matching and clearing. Yan likened Hyperliquid's role to that of the internet, suggesting that it provides a foundational layer that can be utilized by different companies to enhance financial accessibility.

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Source: KLEA News