Hyperliquid’s S&P 500 market quickly hits $100m in just one day. Here’s what to expect next

Hyperliquid’s S&P 500 perpetual market topped $100 million in 24-hour volume on Friday, making it one of the 10 largest markets on the booming blockchain. It’s impressive growth for a market that debuted just days earlier, and it’s the latest sign that blockchain-based traders are eager to trade in futures for traditional assets. Hyperliquid has become a popular venue for weekend trading of tokenised oil futures amid the war in Iran, topping $1 billion in weekend volume earlier this month. As traders i ...