CoinMeta Data: Hyperliquid announces that its physically-backed HYPE exchange-traded product ( ETP ), listed on Virtune, began trading on the Warsaw Stock Exchange on September 17th, with the ticker ETNVIHYPE. The product is priced in Polish zloty, and the annual management fee is 0.95%. According to CryptoRank data, the trading volume of Hyperliquid's perpetual futures reached approximately 240 billion US dollars within 30 days as of September 16th, far exceeding other chains and trading ecosystems. In comparison, the trading volume of Arbitrum's perpetual futures was 47.2 billion US dollars, Solana's was 46 billion US dollars, and Ethereum's was 44.9 billion US dollars; the total of the five is about 226 billion US dollars. The trading activity of Hyperliquid is additionally linked to its token economics, as its support fund uses transaction fees to purchase HYPE, creating a mechanism between trading activity and token demand.