Hyperliquid Open Interest Market Share Hits 9% All-Time High; HYPE Trades at $67.53 With 45 Million Tokens Burned

Hyperliquid is expanding its decentralized perpetuals dominance through record open interest, tokenized equities, growing fee revenue, and HYPE token buybacks.

Hyperliquid's perpetual contracts open interest market share reached 9%, a new all-time high. HYPE traded at $67.53 with analysts citing a potential breakout toward $77.50, and the protocol's buyback program has burned a cumulative 45 million tokens.