Hyperliquid Perpetual futures open interest market share rose to 11.9%, setting a new all-time high

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BlockBeats news,October 7, according to data from hypeflows, based on the size of open interest,Hyperliquid currently accounts for 11.9%of the global perpetual futures market (including Binance、Bybit、OKX and all other centralized exchanges), setting a new all-time high.

Original link https://m.theblockbeats.info/flash/370650

Key points

BlockBeats reported that October 7, according to data from hypeflows,Hyperliquid accounts for 11.9%of the global perpetual futures market.
This share is calculated based on the size of open interest.
The statistics cover centralized exchanges including Binance,Bybit、OKX and others.
The original article described 11.9%'s market share as a new all-time high.

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

Open interest is the size of contracts that have not yet been settled or closed. The report means that, based on this metric, approximately 11.9%is attributed to Hyperliquid in the global perpetual futures market, and this is the highest figure claimed by the original article.

Why it matters to readers

This figure reflects Hyperliquid's relative share of perpetual futures open interest; if the statistics are accurate, it can be used to observe changes in its market presence. However, it is not equivalent to trading volume, user count, or revenue.

Beginners may regard this as a platform-size metric, but a new all-time high in market share alone cannot establish the platform's security, token performance, or investment returns.

Risks and unknowns

The current evidence is BlockBeats' relay of hypeflows data; it does not provide a link to the original hypeflows data.
The evidence does not specify the statistical methodology, sampling time, complete list of platform coverage, or historical comparison period.
The evidence cannot confirm whether 11.9%has undergone independent cross-validation.
The evidence does not provide the specific open interest figures for Hyperliquid、Binance, Bybit, or OKX respectively.
Whether the increase in market share resulted from an increase in Hyperliquid open interest, a decline at other platforms, or both cannot be confirmed.

Hyperliquid Perpetual futures open interest market share rose to 11.9%, setting a new all-time high

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