On its first day, Hyperliquid and @tradeperps facilitated 7x more volume on US equities than @OstiumLabs @Aster_DEX and @VestExchange combined
$35M 24hr vol vs $5M 24hr vol (combined!)
This is a result of the CLOB design, the distribution, and reputation that Hyperliquid has. MMs can perfectly express there risk for equities on a CLOB vs AMMs like @OstiumLabs. Other on chain CLOBs haven't been able to accomplish equity adoption yet because they frankly don't have the reputation and distribution that Hyperliquid does. If you want to centrally list equities and try to grow market adoption from a single point, be my guest.
Instead, on Hyperliquid, builders and market deployers will work tirelessly to grow the pie and dominate liquidity for on chain equities