Hyperliquid Perpetual futures open interest share reportedly rises to 11.3%, a record high
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Hyperliquid Perpetual futures open interest market share reportedly rises to 11.3%, reaching a record high.
Article
Hyperliquid Perpetual futures open interest market share rose to 11.3%, setting a new all-time high
BlockBeats reported that September 25, according to hypeflows data, based on open interest,Hyperliquid currently accounts for 11.3%of the global perpetual futures market (including Binance、Bybit、OKX and all other centralized exchanges), setting a new all-time high.
According to HTX market data,HYPE is currently trading at 93.8 USD，24 with a -hour increase of 3.43%.
Original link https://m.theblockbeats.info/flash/368970
Key points
01
BlockBeats cited hypeflows data as saying that Hyperliquid accounts for, based on open interest, the global perpetual futures market 11.3%。
02
The scope of this statistic includes centralized exchanges such as Binance and Bybit、OKX.
03
HTX Market data shows that HYPE is trading at 93.8 USD，24 with a -hour increase of 3.43%。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest is the number or notional value of contracts that have not yet been closed. The 11.3% indicates that, calculated based on this amount,Hyperliquid it accounts for a portion of the global perpetual contract market;HYPE price data comes from HTX。
Why it matters to readers
This shows Hyperliquid that the perpetual contract market share under this statistical measure has attracted attention,HYPE and price performance has also been reported.
Beginners should distinguish between open interest, trading volume, and price: they reflect different market conditions, and none alone can be used to assess a platform or token's performance.
Risks and unknowns
11.3% data comes from hypeflows; the evidence does not provide a complete statistical methodology or raw data.
Based solely on the evidence, it is not possible to independently verify whether this market share is accurate or can be sustained.
Evidence does not explain Hyperliquid that there is a causal relationship between changes in market share and HYPE changes in price.
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Related concepts
Perpetual Contract
A derivative contract with no expiration date, designed for continuous holding, whose funding rate mechanism helps keep its price close to that of the underlying asset.
