Hyperliquid HIP-3 DEX Open Interest Hits New Milestone of $790 Million

Hyperliquid Drives Growth in DEX Market

According to the latest report, the open interest on the HIP-3-based decentralized exchange (DEX) has surpassed $790 million, driven by a surge in commodity trading.

Platform Strength on Display

Jeff Yan, CEO of Hyperliquid, stated that the platform has become a key venue for crypto price discovery, with liquidity significantly enhanced.

Market Impact

• Open interest continues to rise
• Trading depth and user activity see notable increases
• DEX market is rapidly expanding