1 min read
Hyperliquid’s Perpetual Open Interest Share Reaches Record 11.9%
The share stood at 11.9% on Oct. 7, with the calculation covering centralized exchanges including Binance, Bybit and OKX.
Hyperliquid’s share of global perpetual-contract open interest stood at 11.9% on Oct. 7, extending the on-chain trading platform’s record position in the derivatives market.
The calculation covers centralized exchanges, including Binance, Bybit and OKX. Open interest represents the value of outstanding positions in perpetual contracts.
The latest reading is above Hyperliquid’s previous 11.8% share, marking another high for the platform’s portion of the global market.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.