Hyperliquid has achieved several significant milestones this week, including the launch of a fiat on-ramp via Swapped, the introduction of S&P500 perpetual derivatives, and record trading volumes.

TradeXYZ partnered with S&P Dow Jones Indices to launch the first officially licensed S&P 500 perpetual derivative on Hyperliquid, enhancing the platform's legitimacy and bridging TradFi and DeFi.
Coinbase integrated USDC support on HyperEVM, boosting liquidity options within the ecosystem. This move supports Hyperliquid’s mission to provide stable liquidity and reduce slippage.
HIP-3, which includes oil, gold, and silver, saw record volumes, surpassing $7B in open interest and $5.9B in 24-hour trading activity. These records highlight the platform's growing popularity among professional traders.
The platform continues to gain momentum with community events and partnerships, further solidifying its position in the DeFi landscape.
