Hyperliquid HIP-3 Open Interest Hits $4.7B ATH as HYPE Price Signals Recovery

Hyperliquid is gaining attention after its HIP-3 markets recorded a new all-time high in open interest, reaching $4.7 billion alongside $4.9 billion in 24-hour trading volume, according to Vikingos. The growth highlights rising activity across the platform’s permissionless markets, with potential US market access adding another development to watch. However, the HYPE price has faced selling pressure, falling from approximately $82 to $70 in seven days. Crypto King expects further downside toward $60 before a possible longer-term recovery above $120. Hyperliquid’s HIP-3 markets recorded a new all-time high in open interest at $4.7 billion. Vikingos also reported $4.9 billion in trading volume over the previous 24 hours, highlighting increased participation across the platform’s permissionless markets. HIP-3 allows third-party builders to deploy their own perpetual futures exchanges using Hyperliquid’s infrastructure.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TronWeekly.