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Hyperliquid's real-world asset (RWA) trading volume surpassed its crypto trading volume for the past week, with HIP-3 RWA volume reaching $26 billion. This milestone highlights the growing adoption of tokenized assets on the platform. Separately, a whale entity staked 1.49 million HYPE tokens across eight wallets after holding them for nine months, valued at $88.2 million. The move suggests long-term confidence in the Hyperliquid ecosystem. In broader markets, the US imposed tariffs of 10% to 12.5% on 60 economies, while Intel reported Q2 revenue of $16.13 billion, up 25% year-over-year. Tesla shares plunged, with short sellers potentially gaining over $4 billion in a single day. South Korea will raise cash deposit requirements for leveraged ETF trading to 30 million won starting July 31. Robinhood CEO Vlad Tenev's X account was hacked. Iran reportedly rejected a US ceasefire proposal on Thursday.
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