Hyperliquid, an on-chain derivatives exchange, has achieved a record milestone in open interest surpassing $10.6 billion. This growth indicates market confidence and the attraction of new investments.
New Open Interest Record
As of July 12, 2025, Hyperliquid's open interest reached an all-time high of over $10.6 billion. This figure reflects strong market confidence and growing investments in the decentralized finance sector.
Support and Growth of $HYPE Token
Hyperliquid has received backing from prominent figures such as Arthur Hayes and James Wynn, who publicly support the price momentum of $HYPE. The platform's native token recently saw its price soar to over $45.96, contributing to increased market capitalization. 'Arthur Hayes, former CEO of BitMEX, backs $HYPE's price momentum,' confirms James Wynn.
Outlook and Possible Challenges
The increase in open interest and token valuations could significantly enhance Hyperliquid's market position. The inclusion of $HYPE in Tony G Co-Investment Holdings' treasury sets a new precedent for public company adoption of crypto assets. However, such developments may attract potential regulatory scrutiny and increased market volatility that could impact investor behavior and market dynamics.
Hyperliquid's achievement of new open interest levels and rising token prices signifies growing confidence in the platform and in the crypto market. However, the speed of growth might also draw regulatory attention, which could impact the overall market.
