Hyperliquid Wave Smashes Records: $10.6B OI & HYPE Token Soars to Unprecedented Highs

Hyperliquid just rewrote the rulebook—again. Open interest surges past $10.6 billion as the HYPE token detonates past resistance, painting fresh all-time highs on the charts.

The liquidity tsunami

Traders are piling in like it's a bull market buffet (and let's be honest—when isn't it these days?). The OI milestone screams institutional interest, while retail FOMO churns the hype cycle into overdrive.

Token velocity meets trader insanity

HYPE's parabolic move comes with the usual cocktail of leverage, speculation, and at least three VC funds claiming they 'always believed'—right after their exit tweets. Meanwhile, degens are probably already aping into the next shiny derivative.

Another day, another ATH—until the music stops. But hey, at least the charts look pretty before the inevitable 'macroeconomic factors' press release drops.

Institutional Support and Ecosystem Growth

Last month, Tony G Co-Investment Holdings invested $438,000 in HYPE, making it the first public company to include HYPE in its treasury.

Hyperliquid operates its own Layer-1 blockchain, using HyperBFT consensus to power high-speed trading. The platform eliminates gas fees and delivers CEX-like speed while keeping trades on-chain. It currently has over $463 million in bridged TVL.

Hyperliquid reached a new all-time high of >$10.6B in open interest. pic.twitter.com/a6pvoAoEbi

Besides platform growth, HYPE benefits from wallet-based perpetual trading integration across Europe. Phantom Wallet now supports Hyperliquid API with up to 40x leverage and non-custodial access.

Furthermore, former BitMEX CEO Arthur Hayes and trader James Wynn have openly supported HYPE, fueling buzz around an altseason. As Bitcoin reclaims a $2.36 trillion market cap, interest in altcoins and leverage trading is rising.

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