Hyperliquid's rise highlights the growing shift towards decentralized finance, challenging traditional derivatives markets and expanding on-chain trading.
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Hyperliquid took its open interest above $8.1 billion and reached a historic peak, while HYPE’s tokenized assets and repurchases accompany its expansion against traditional exchanges. *** Hyperliquid’s open interest exceeded $8.1 billion on September 20, 2026. Tokenized asset markets under HIP-3 sometimes represent more than 30% of the platform’s open interest. Hyperliquid concentrates about 10.9% of the global open interest for perpetual future…