Hyperliquid’s Global Perpetual Futures Market Share Reaches 10.2%, Near Record High
Minseung Kang
Summary
- Hyperliquid’s global perpetual futures market share rose above 10% to 10.2%, according to the report.
- The figure includes centralized exchanges (CEXs) such as Binance, Bybit and OKX and was close to the record high of 10.4% reached in late July.
- Meanwhile, HYPE was trading at $77.79, up 2.25% over the past 24 hours.
Forecast Trend Report by Period
Hyperliquid’s share of the global perpetual futures market has risen above 10%.
BlockBeats reported on Aug. 22, citing Hypeflows data, that Hyperliquid accounted for 10.2% of the global perpetual futures market by open interest.
That figure includes centralized exchanges such as Binance, Bybit and OKX. It was close to the record 10.4% reached in late July.
Open interest refers to futures contracts that remain outstanding and have not been liquidated. The gain in market share shows Hyperliquid is taking a larger portion of the global perpetual futures market.
HYPE was trading at $77.79, up 2.25% over the past 24 hours.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.