Hyperliquid Open Interest Hits Record High at Over $6.7 Billion

In Brief:

Hyperliquid’s open interest has surpassed $6.7 billion, setting a new all-time high.

The surge highlights growing trader activity on the decentralized derivatives platform.

Hyperliquid, a rising decentralized derivatives exchange, has hit a new milestone with its open interest exceeding $6.7 billion, according to official data reported by PANews on May 13. This marks the highest level of open interest ever recorded on the platform.

The record figure reflects a sharp rise in trading activity, likely driven by increased interest in leverage products and growing adoption of decentralized platforms over centralized exchanges. Hyperliquid has attracted significant attention recently due to its fast execution, high liquidity, and support from top-performing traders.

With demand for on-chain derivatives continuing to grow, Hyperliquid’s momentum underscores a broader shift in how traders interact with perpetual markets—favoring trustless, transparent alternatives.

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