Hyperliquid Brings Wall Street Onchain as Dune Unlocks $1.43T Trading Dataset

• Hyperliquid expands perpetuals to real-world assets.
• Dune adds Hyperliquid’s $1.43T trading data.
• Traders gain deeper onchain market insights.

Hyperliquid is expanding beyond crypto derivatives, opening the door for traders to access perpetual markets tied to traditional financial assets—all while remaining fully onchain.

The decentralized exchange, already known for its high-speed perpetual futures trading, now supports markets linked to equities, commodities, foreign exchange (FX), and major stock indices. At the same time, blockchain analytics platform Dune has integrated Hyperliquid’s trading data, giving investors and analysts access to one of the industry’s most comprehensive onchain trading datasets.

Hyperliquid Broadens Its Reach

Hyperliquid built its reputation by offering fast, decentralized perpetual futures trading without relying on custodians. Through its HIP-3 framework, developers can now launch perpetual markets backed by real-world assets (RWAs), significantly expanding the platform’s use cases beyond cryptocurrencies.

The exchange has also introduced HIP-4, a decentralized prediction market that allows users to trade on the outcomes of real-world events entirely onchain.

The expansion signals Hyperliquid’s ambition to become a broader financial trading hub where both digital and traditional assets coexist within a decentralized ecosystem.

Dune Opens Access to Massive Trading Data

Alongside the expansion, Dune has launched an analyst-grade dashboard covering Hyperliquid’s onchain activity.

According to the platform, Hyperliquid has processed approximately $1.43 trillion in trading volume across more than 785.6 million trades so far this year. The newly available dataset enables researchers, traders, and institutions to monitor trading activity in real time.

The dashboard includes perpetual and spot market data, order book activity, trade executions, funding rates, liquidations, margin positions, account activity, staking information, and prediction market outcomes.

Users can also combine HyperCore trading data with HyperEVM blockchain data to track transactions from smart contract execution through to final order settlement.

Why It Matters

The integration gives market participants deeper visibility into one of the fastest-growing decentralized exchanges while reinforcing the growing convergence between decentralized finance and traditional financial markets.

As more real-world assets move onchain, platforms capable of offering transparent trading infrastructure alongside rich analytics may attract greater institutional interest. For investors, the development highlights how blockchain is evolving beyond crypto-native assets into a broader marketplace that increasingly mirrors traditional finance—while retaining the transparency and accessibility of decentralized networks.