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Hyperliquid hits $4B open interest milestone with booming 24/7 tokenized stock trading.

Market News
04 Aug 2026
UToday
View Source
Bullish
pluang ai news

Hyperliquid has surpassed $4.13 billion in open interest for tokenized real-world assets, driven by a 229% surge in daily trading volume to $4.87 billion. Traders are shifting from traditional crypto to 24/7 trading of tokenized shares like SK Hynix and Micron, allowing instant reactions to news outside regular stock market hours. However, liquidity is heavily concentrated, with one major player controlling nearly all of it, raising concerns about monopoly risks as the platform grows. This milestone confirms the maturity of blockchain-based stock trading but highlights challenges in maintaining a decentralized ecosystem.

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