Hyperliquid Hits $1.43B OI—But It’s Oil, Not Crypto, Driving the Growth

Key Takeaways Hyperliquid’s open interest surged to $1.43 billion, fueled by oil perpetuals amid Middle East tensions. 24/7 oil futures trading gives users an edge over traditional markets. The platform continues to dominate decentralized perps with deep liquidity and HIP-3 innovation. Hyperliquid has hit a new milestone—but not for the reason many in crypto might expect. The decentralized perpetual futures exchange has pushed its aggregated open interest to $1.43 billion, driven largely by a surg ...