Hyperliquid's Open Interest Hits $12B High Led by Equities and AI

Hyperliquid's decentralized perpetual futures exchange has reached a new milestone with its open interest hitting $12B in 2026, marking the highest level of the year. This surge is primarily attributed to increased activity in equities and AI-related sectors.

The platform's share of centralized-exchange perpetual open interest also attained a record at 9.5%, indicating growing engagement and interest in Hyperliquid.

Market pricing suggests that Hyperliquid's growth is largely driven by non-crypto assets, particularly in RWA markets.