$BTC Hyperliquid Achieves $10.1 Billion Open Interest High as HYPE Token Surges

Hyperliquid has announced that it has achieved a new all-time high in open interest, reaching $10.1 billion. The decentralized exchange (DEX) also reported 24-hour fees of $5.6 million and a total value locked (TVL) in USDC of $3.5 billion.

This DEX trading milestone reflects the growing activity and engagement within the Hyperliquid ecosystem, welcoming new members as the platform continues to expand its presence in the decentralized finance space.

Additionally, Hyperliquid’s token (HYPE) price has surged by 49.9% over the past week and 114.3% over the last 30 days. This announcement comes soon after Layerzero launched Hyperbridge, a new interoperability solution connecting external blockchain assets to Hyperliquid’s decentralized trading ecosystem.