Hyperliquid move to RWA's and starting Tokenized silver, attracting great trading volume. Currently, the platform accounted around 2% of global silver trading.
The surge in RWA volume directly increased demand for the token because trading fees are paid in hype.
This week the tokens unlock of hype is recorded the largest unlock by value in the market. A total value of tokens unlock at $307 million of 4.16% of total token supply.
Normally, the unlock events hit the price sharply, but Hyperliquid went up higher, gaining around 40% over the week.
The launch of HIB-3, record highs in trading volume and kraken listing helped to absorb the token supply.
The recent plan of Hyperliquid to launch outcome based trading to hypercore. This new features designed around fully collateralized contract that settle within a defined range.
