- Open interest hits record on Hyperliquid.
- $HYPE achieves all-time high price.
- Influential backers boost market confidence.
Hyperliquid, an on-chain derivatives exchange, reached a new milestone on July 12, 2025, with open interest exceeding $10.6 billion.
Rising open interest reflects strong market confidence and attracts new investments in the decentralized finance sector.
The open interest on Hyperliquid, powered by its HyperBFT consensus, has reached a remarkable figure, showcasing significant trust in the platform. Hyperliquid’s leadership has received endorsements from prominent industry figures, amplifying its visibility and market presence.
“Arthur Hayes, Former CEO, BitMEX, joins in backing $HYPE’s price momentum,” confirms James Wynn, Prominent Trader.
Among those supporting Hyperliquid are Arthur Hayes and James Wynn, who have publicly backed $HYPE. The platform’s native token recently saw its price soar to a new high above $45.96, further boosting market capitalization.
Hyperliquid’s rise in open interest and token valuation can significantly enhance its market position. The inclusion of $HYPE in Tony G Co-Investment Holdings’ treasury also establishes a new precedent for public company adoption in crypto assets.
Such surges often lead to increased trading activity and liquidity in linked assets. This trend could impact other cryptocurrencies, including Bitcoin and Ethereum, traded on the platform, possibly resulting in wider market fluctuations.
Potential regulatory scrutiny and technological advancements may follow Hyperliquid’s rise. Historical trends on DeFi derivatives platforms point to possible increased volatility and institutional involvement, which might affect governance and market dynamics. The expansion of wallet-based trading options further cements Hyperliquid’s strategic growth outlook.
About the author
Binance’s CZ May Sue Bloomberg Over Trump Stablecoin Claims
Binance's CZ considers legal action against Bloomberg for false Trump stablecoin association claims.
Aker ASA Sustains Bitcoin Strategy with 754 BTC Holdings
Aker ASA, a Norwegian company, focuses on Bitcoin through the subsidiary Seetee.
BlockFi Settles $35M Lawsuit with DOJ, Avoids Future Litigation
BlockFi's bankruptcy administrator agrees to a $35M settlement with the DOJ, ending litigation.
DDC and Animoca Brands Unveil $100M Bitcoin Initiative
DDC Enterprise and Animoca Brands announce a $100M Bitcoin strategy, enhancing treasury asset management.
Pudgy Penguins NFT Sales Surpass $2.2 Million in One Day
Luca Schnetzler's Pudgy Penguins NFT brand achieved over $2.2 million in sales within 24 hours.
Hyperliquid Surpasses $10.6 Billion in Open Interest
Hyperliquid hits $10.6B open interest, marks new high for $HYPE token.
Related
Binance’s CZ May Sue Bloomberg Over Trump Stablecoin Claims
Binance's CZ considers legal action against Bloomberg for false Trump stablecoin association claims.
Aker ASA Sustains Bitcoin Strategy with 754 BTC Holdings
Aker ASA, a Norwegian company, focuses on Bitcoin through the subsidiary Seetee.
BlockFi Settles $35M Lawsuit with DOJ, Avoids Future Litigation
BlockFi's bankruptcy administrator agrees to a $35M settlement with the DOJ, ending litigation.
DDC and Animoca Brands Unveil $100M Bitcoin Initiative
DDC Enterprise and Animoca Brands announce a $100M Bitcoin strategy, enhancing treasury asset management.
Turbo Price Prediction: Gunning for $0.014 Again, While Troller Cat Turned $45K Into $285K Before Listing
What if a coin created for fast hype and furious trading ran headfirst into a meme coin engineered for tactical trolling and long-term rewards? That’s the standoff investors are eyeing between Turbo ($TURBO) and Troller Cat ($TCAT). Both are clawing for market share in a meme coin landscape where volatility is the norm and virality is the weapon of choice.
Pudgy Penguins NFT Sales Surpass $2.2 Million in One Day
Luca Schnetzler's Pudgy Penguins NFT brand achieved over $2.2 million in sales within 24 hours.
Be the first to leave a comment