Hyperliquid Surpasses $13 Billion Mark in Open Interest

Decentralized perpetual futures exchange Hyperliquid has set a new record for open interest at $13.3 billion, surpassing the combined totals of nine other decentralized exchanges.

This milestone cements Hyperliquid's position as a leader in the on-chain derivatives market, with its dominant market share evident in recent data showing consistent upward trends in open interest.

The exchange has previously reported figures around $13 billion and $13.59 billion, indicating a strong and growing presence among market participants.