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Hyperliquid's open interest hits $11.5B, highest since Oct 2025, signaling strong market recovery.

Market News
23 Jul 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Hyperliquid, a decentralized perpetual futures exchange, has seen its open interest rise to $11.5 billion, the highest level since the October 2025 market downturn. This surge is driven mainly by activity in the HIP-3 framework and S&P 500 perpetuals, reflecting growing interest in tokenized traditional assets. The increase indicates a strong recovery and renewed market confidence on the platform. Going forward, market watchers will monitor if Hyperliquid can sustain or grow this level amid potential regulatory or technological developments.

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