The record open interest signals robust market confidence and could accelerate Hyperliquid's growth, impacting crypto derivatives trends.
Hyperliquid’s open interest has topped $18 billion for the first time, reaching a record as trading activity continues across its crypto and non crypto perpetual markets. According to Lookonchain, official Hyperliquid data showed open interest at $18 billion on Sept.…
Hyperliquid's rise highlights the growing shift towards decentralized finance, challenging traditional derivatives markets and expanding on-chain trading.