Hyperliquid Shatters Records: OI, TVL, and Fees Hit All-Time Highs as HYPE Pauses Rally
Hyperliquid’s ecosystem is firing on all cylinders—open interest, USDC total value locked, and fee generation just smashed through previous ceilings. Meanwhile, HYPE takes a well-deserved breather after its parabolic ascent.
DeFi’s perpetual swaps darling proves institutional capital isn’t just flirting with crypto anymore—it’s moving in. The platform’s 24-hour fee velocity could make traditional finance brokers blush (if they understood how blockchain settlements work).
This pause in HYPE’s price action smells like consolidation, not capitulation. When the derivatives market heats up before spot catches fire, savvy traders pay attention. Just don’t tell the SEC about the 100x leverage some degens are running.
