HyperLiquid's Open Interest Surpasses Record High of ¥120 Billion, Driven by Gold and Silver Trading

On the 27th, the decentralized exchange (DEX) HyperLiquid (HYPE) announced that its open interest reached a record high of $790 million (approximately ¥120 billion), driven by a surge in commodity trading following the introduction of HIP-3. This represents a significant growth from $260 million just a month ago. HyperLiquid also stated that the open interest for HIP-3 has been setting new records weekly. Related: HyperLiquid enables free construction of perpetual futures markets with HIP-3 implementation. HIP-3 is an upgrade activated on HyperLiquid's mainnet last October...