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Hyperliquid Raises Perpetual Open Interest Share to Record 11.4%
The platform’s share rose from 8% on June 7 to 11.4% on Sept. 27, with the measure covering centralized platforms including Binance, Bybit and OKX.
Hyperliquid’s share of global perpetual-contract open interest reached a record 11.4% on Sept. 27, extending a steady increase that began in June.
The measure covers all centralized trading platforms, including Binance, Bybit and OKX. Hyperliquid is an on-chain trading platform with an order book for derivatives trading.
Its share rose from 8% on June 7 to 9.4% on July 18 and 10.5% on Sept. 13. It then climbed to 10.9% on Sept. 20 and a record 11.3% on Sept. 25 before reaching 11.4% two days later.
