Bitwise CIO: "On-chain finance" will erupt earlier, with Hyperliquid's trading volume exceeding $11.5 billion last weekend.

SmartContractAuditor · 2026-03-04T04:56:13+00:00

Bitwise Chief Investment Officer Matt Hougan pointed out that due to the US-Israel conflict and stock market closures, investors are rushing into crypto platforms, and the adoption of "on-chain finance" is expected to accelerate. Platforms like Hyperliquid have seen a surge in trading volume, becoming a hub for real asset transactions.

SmartContractAuditor

2026-03-04 04:56:13

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Odaily Planet Daily reports that Matt Hougan, Chief Investment Officer of Bitwise, stated that previously it was expected that the traditional market would take 5 to 10 years to migrate to the blockchain on a large scale. However, during the U.S.-Israel strike on Iran and the closure of major global stock markets, a large number of investors flocked to crypto platforms to trade tokenized assets, significantly accelerating the expected timeline for the popularization of “on-chain finance.” The crypto perpetual contract platform Hyperliquid has become a trading hub for real-world assets (RWA) such as crude oil and tokenized gold. “On Sunday for most of the day, on-chain finance became the center of the global financial markets,” data shows that Hyperliquid’s total trading volume on Saturday and Sunday exceeded $11.5 billion. Additionally, Tether’s tokenized gold product, Tether Gold, saw a 24-hour trading volume surge to over $300 million. Trading volume on prediction market platforms Kalshi and Polymarket also saw significant increases. (Cointelegraph)

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