The decentralized exchange Hyperliquid is seeing significant growth, with HIP-3 markets now accounting for 41% of its total perpetual trading volume as of June 2024. Data shows a 7-day moving average volume of $602.6M for these markets, indicating a massive expansion in the platform's total addressable market. The sentiment is highly bullish, suggesting Hyperliquid can now scale independently of broader crypto market conditions by offering trading for any global asset.