Hyperliquid (HYPE), a Decentralized Exchange (DEX) focused on perpetuals, is expanding its presence in physical assets through tokenized trading, accounting for 40% of total platform volume. This reflects global markets pivoting toward decentralized platforms offering 24/7 trading amid high volatility linked to the ongoing Middle East war. 

Hyperliquid onboards S&P 500 as tokenized assets trading volume challenges crypto’s share 

Hyperliquid is the largest high-revenue protocol after stablecoins in the cryptocurrency market. DeFiLlama data shows Hyperliquid collected $14.55 million in revenue over the last seven days, outpacing Pump.fun at $8.44 million during the same period. 

The exchange…