Hyperliquid Surpasses $4B Open Interest Mark
Hyperliquid's HIP-3 open interest has surpassed $4 billion for the first time, marking a significant milestone in the decentralized finance sector.
The achievement underscores Hyperliquid's rapid expansion in the on-chain derivatives market and highlights growing demand for decentralized perpetual futures trading.
The increase in open interest reflects stronger participation from both retail traders and institutional investors seeking transparent, high-performance alternatives to centralized crypto exchanges.