Summary
- The open interest of the decentralized derivatives exchange Hyperliquid has surpassed $10.6 billion (around ₩14.62 trillion), reaching a new all-time high.
- Open interest represents the number of contracts of positions that have not been settled.
- An increase in open interest suggests that capital inflow is occurring in the market.
The open interest on the decentralized derivatives exchange Hyperliquid has exceeded $10.6 billion (approximately ₩14.62 trillion).
On the 12th, Hyperliquid announced on its official X (formerly Twitter), "Open interest on our platform has surpassed $10.6 billion, setting a new all-time high."
Open interest refers to the number of derivative contracts in the market that traders have not yet closed. An increase in open interest indicates that new capital is flowing into the market.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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