Hyperliquid open interest tops $8.1 billion, a record high
- —Hyperliquid open interest reached $8.1 billion, daily volume was $1.05 billion
- —The platform's share of global perpetuals OI hit a record 10.9%
- —Tokenized assets under HIP-3 account for more than 30% of open interest
- —26,310 HYPE worth $2.4 million were burned in 24 hours, with 48 million tokens burned in total
Why it matters: The on-chain exchange's growing share of the global derivatives market intensifies competition with CEXs and supports HYPE demand through burns.
Source: Crypto Briefing