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Hyperliquid’s Share of Global Perpetual Futures Open Interest Hits Record 10.9%

Source
Bloomingbit Newsroom

Summary

  • Hyperliquid (HYPE), the decentralized derivatives exchange, said its share of the global perpetual futures market reached a record high.
  • According to Hypeflows, its global perpetual futures market share based on open interest (OI) stood at 10.9%, the highest level on record.
  • Hyperliquid’s native token was trading at $91.32 on CoinMarketCap, down 1.7% from a day earlier.

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Photo: Shutterstock
Photo: Shutterstock

Hyperliquid, a decentralized derivatives exchange, has reached a record share of the global perpetual futures market.

According to Hypeflows on September 20, Hyperliquid accounted for 10.9% of global perpetual futures open interest, marking the highest level on record.

Hyperliquid’s native token was trading at $91.32 on CoinMarketCap on September 20, down 1.7% from a day earlier.

#DEX
Bloomingbit Newsroom

Bloomingbit Newsroom

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