Hyperliquid hits record 11.8% share of global perpetual futures open interest
- —Hyperliquid's perpetual futures open interest share hit a record 11.8%
- —The figure covers CEXs including Binance, Bybit and OKX
- —Data comes from HypeFlows, reported by BlockBeats on October 4
Why it matters: A record share for an on-chain exchange in global open interest intensifies competition with centralized venues and strengthens HYPE's role in derivatives markets.
Source: TokenPost