From 5% to 31% in 6 Weeks – Is Hyperliquid (HYPE) Quietly Taking Over TradFi Flow?

Hyperliquid (HYPE) just printed a number that made traders pause. During the recent metals volatility, silver perpetuals on the platform pushed $5.2 billion in 24-hour volume. That alone would be notable. But the bigger shift is happening under the surface. According to aixbt, TradFi-related volume on Hyperliquid went from just 5% of total flow to