Post #2153

TradFi perps went from ~5% to ~18% of Hyperliquid’s volume in under two months, and it wasn’t stocks or indices doing the heavy lifting. It was silver. While London trades gold 4:1 over silver, on Hyperliquid silver flipped the script — $9B in two weeks, ~71% of all tokenized commodity flow, more than gold, equities and indices combined. On-chain traders want beta, and silver is giving them exactly that.