Hyperliquid Hits Record 11.9% Share of Global Perpetual Futures Open Interest
- —Hyperliquid's share of global perpetual futures OI hit a record 11.9%
- —The tally includes Binance, Bybit and OKX
- —The previous reported figure was 11.3%
- —The metric tracks open contracts, not trading volume or user share
Why it matters: The rising OI share signals Hyperliquid is cementing its position as a major derivatives venue competing with centralized exchanges.
Source: TokenPost