Bullish

Hyperliquid HIP-3 Open Interest Surges 7,920% to $4.01B

2026-08-10 16:33

HIP-3 open interest hits $4.01B, up 7,920% from nine months ago and 17.6% monthly, marking a sustained breakout above the $4B threshold.

Woofun AI data shows that Hyperliquid HIP-3 open interest has climbed to $4.01 billion, representing a 17.6% increase from the $3.41 billion recorded one month ago. The metric also reflects a 65.7% rise from three months prior, a 487.6% jump from six months ago, and a 7,924.8% expansion compared to the $49.97 million level seen nine months ago.

This surge marks the second time HIP-3 open interest has exceeded the $4 billion mark, following a previous report of an all-time high breach.

WOOFUN AI

Impact Assessment · Quick Read

The rapid accumulation of open interest in HIP-3 derivatives signals heightened speculative activity and liquidity depth within the Hyperliquid ecosystem. Such a magnitude of growth over nine months suggests strong adoption of perpetual futures trading on the platform. Traders should monitor for potential volatility spikes as leverage concentrations increase near this psychological resistance level.
Generated by WOOFUN AI · For reference only, not investment advice

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