trade.xyz NVDA Perpetual Hits Record $2.14B Daily Volume on Hyperliquid

The record shows tokenized equity exposure is becoming a real volume driver on Hyperliquid, not a novelty sideline — a single NVDA perpetual outdoing most crypto-native pairs on a given day is a notable shift in where on-chain liquidity is concentrating. It matters most for Hyperliquid's order-book depth and for venues weighing whether to list similar equity perps, since one contract's anniversary volume hints at durable demand rather than a launch-day spike. The open question is whether this volume holds through quieter market sessions or remains event-driven around the underlying stock.