Hyperliquid TSLA Trading Value Jumps 24-Fold After Roadster Reveal

Trading in Hyperliquid’s TSLA contract surged after Tesla’s next-generation Roadster briefly lifted and turned in the air at a presentation, reaching $81.12 million over several hours, 24.3 times the prior comparable period.

The contract climbed about 2.13%, from roughly $365.27 to $373.04. Its trading value over 24 hours reached $128 million.

By the presentation’s start-to-current comparison, nominal open interest had grown 76.3%, adding $35.63 million to reach $82.33 million. That increase outpaced the contract’s 2.13% price gain.

Long positions opened during the move came from at least three traders. Their current combined position value is about $3.98 million, with a weighted average entry price of roughly $367.33.

One trader began opening a 20-times-leveraged long about 10 minutes after the news; the position is now worth about $1.85 million. A second started a 10-times-leveraged TWAP purchase about 50 minutes after the news and finished roughly 30 minutes later; that position is worth about $1.12 million. A third opened a 20-times-leveraged long more than an hour after the news, and its current value is about $1.01 million.