Hyperliquid equities volume overtakes Bitcoin trading as traders buy the stock dip
Equities trading volume on decentralized exchange Hyperliquid has surpassed Bitcoin volume again, reaching 126% of Bitcoin trading on a seven-day average as traders seek bargains in equities.
Equities trading volume on decentralized trading platform Hyperliquid has once again surpassed Bitcoin volume, according to on-chain analytics provider Glassnode. The platform's equities volume climbed to 126% of Bitcoin trading on a seven-day average, signaling that crypto-native traders appear to be chasing the stock dip despite several weeks of declines across both traditional and digital asset markets.[1][2]
This is not the first time equities activity on Hyperliquid has eclipsed Bitcoin trading. Glassnode data shows the ratio previously peaked at 275% in August, when Bitcoin hovered near its lows before staging a breakout. The tracked instruments driving this activity on the platform include the S&P 500 and XYZ100 indices, single stocks such as SK Hynix, SanDisk, and Micron, as well as commodities including WTI Crude, Brent Crude, and Silver.[1][2]
Crypto Briefing reported that the recurring shift toward equities underscores an ongoing diversification trend and reflects the growing integration of traditional equities into decentralized finance.[3][4]
Key facts
- Hyperliquid equities trading volume reached 126% of Bitcoin volume on a seven-day average, according to Glassnode.
- Glassnode observed that crypto-native traders appear to be chasing the stock dip despite weeks of declines in both crypto and stock markets.
- The ratio of equities volume to Bitcoin volume on Hyperliquid previously peaked at 275% in August, when Bitcoin was near its lows before breaking out.
- Instruments tracked on Hyperliquid alongside stocks include the S&P 500, XYZ100 Index, SK Hynix, SanDisk, Micron, WTI Crude, Brent Crude, and Silver.
- Crypto Briefing reported that the volume shift reflects growing integration of traditional equities into decentralized finance and broader market diversification.
Sources · 3 sources
- CO
Cointelegraph@CointelegraphPost on X ·
⚡️ INSIGHT: Equities trading volume on Hyperliquid has once again surpassed $BTC volume as crypto traders buy the stock market dip despite weeks of declines in both markets, per Glassnode. https://t.co/xLgCKiFL4F
Open source - DN
DEGEN NEWS@DegenerateNewsPost on X ·
NEW: @glassnode SAYS EQUITIES VOLUME ON @HyperliquidX HAS OVERTAKEN $BTC AGAIN, AT 126% ON A 7-DAY AVERAGE - AS "CRYPTO-NATIVE TRADERS SEEM TO BE CHASING THE STOCK DIP" THE LAST TIME THE RATIO PEAKED, AT 275% IN AUGUST, $BTC WAS NEAR ITS LOWS BEFORE BREAKING OUT https://t.co/uJ6n6DVYaY
Open source - CB
Crypto BriefingArticle ·
Hyperliquid equities volume surpasses Bitcoin-native volume again The shift towards equities on Hyperliquid highlights a diversification trend, potentially reshaping digital asset markets amid crypto volatility. The post Hyperliquid equities volume surpasses Bitcoin-native volume again appeared first on Crypto Briefing .
Open source - CB
Crypto BriefingArticle ·
Hyperliquid equities volume tops Bitcoin trading again as traders buy the stock dip The shift in trading volume highlights the growing integration of traditional equities into decentralized finance, potentially reshaping market dynamics. The post Hyperliquid equities volume tops Bitcoin trading again as traders buy the stock dip appeared first on Crypto Briefing .
Open source