SPCX (SpaceX) trading activity on the Hyperliquid platform continued to climb, with $1.35 billion in volume over the past 24 hours, accounting for 35.3% of total volume on trade.xyz. According to BlockBeats On-chain Detection, Hyperinsight monitoring showed the SPCX contract alone contributed 16.6% of Hyperliquid’s overall trading volume based on platform-wide calculations.

SPCX trading volume on Hyperliquid has surpassed ETH and now ranks behind only BTC, making it the platform’s second-largest contract by volume. Over the past 24 hours, open interest in SPCX reached $280 million.