Hyperliquid Open Interest Hits $5.25B as HYPE Burn Strategy Boosts Bullish Outlook

• Hyperliquid reached a record $5.25 billion in Open Interest, surpassing major derivatives exchanges.
• Strong trading activity continues driving protocol revenue, buybacks, and aggressive HYPE token burns.
• Sustained volume and ecosystem growth support a bullish long-term outlook for HYPE.

Hyperliquid — HYPE, continues attracting attention as trading activity reaches new highs. Strong demand has pushed key platform metrics above major competitors. Rising Open Interest, heavy trading volume, and growing protocol revenue all support a positive outlook. Investors also watch the network's aggressive token burn program with interest. Together, these developments highlight steady ecosystem growth. The coming weeks may reveal whether such momentum can support another leg higher for HYPE.

Record Open Interest Reflects Growing Trader Confidence

Hyperliquid reached another important milestone after Open Interest climbed to a record $5.25 billion. That figure moved ahead of Bybit, which held roughly $5.07 billion. Earlier, Hyperliquid also surpassed HTX, Bitfinex, Kraken, and Coinbase. Such progress highlights growing strength across the perpetual futures market.Trading activity remained equally impressive. The platform processed about $13 billion in perpetual trading volume during the past day.

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