Hyperliquid open interest hits record $16.36B
- —Hyperliquid OI reached $16.36 billion, beating a year-old record
- —Cumulative HIP-3 market volume exceeded $548 billion
- —HIP-3 accounted for about 30% of Hyperliquid's volume over 30 days
- —HIP-4 added prediction markets, open to third parties since late August
Why it matters: Record OI confirms Hyperliquid's shift from crypto perpetuals to multi-asset trading, intensifying competition with traditional exchanges.
Source: Bloomingbit