Monitored by Woofun AI, SPCX trading activity on Hyperliquid has accelerated significantly, registering a 24-hour volume of $1.35 billion. This figure represents 35.3% of the total trade.xyz volume and accounts for 16.6% of Hyperliquid's aggregate platform volume. Consequently, SPCX has overtaken ETH to secure the position of the second-largest contract on the exchange, trailing only BTC.

Meanwhile, the contract's open interest expanded to $280 million over the past day. This surge underscores growing market participation in SpaceX-related derivatives, establishing SPCX as a dominant liquidity hub within the Hyperliquid ecosystem.