Hyperliquid Hits New Milestone as HYPE Token Surges
Hyperliquid, a rising decentralized derivatives exchange, just set a new record: over $9 billion in open interest (OI). This means traders are putting more money into the platform than ever before, signaling huge confidence in its future.
Leading the way are Bitcoin and Ethereum contracts, but Hyperliquid’s native token, HYPE, is also gaining major traction. Its price jumped to a new high of $37.24 — up 12.7% in one day and an incredible 820% from just six months ago.
This surge isn’t happening in isolation. With Bitcoin recently hitting $110,000 and the overall crypto market topping $3.6 trillion, investor excitement is at an all-time high.
To stay ahead, Hyperliquid is also working with the U.S. Commodity Futures Trading Commission, aiming to help shape fair and clear rules for 24/7 crypto trading.
