Hyperliquid hits record 9% share of aggregate perp open interest

Perp DEXJul 17, 2026

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

Hyperliquid has reached a record 9% share of aggregate perpetual futures open interest, marking a new milestone in the decentralized exchange's market share growth.

Related storylines

MiCA Crushes EU Crypto FirmsMiCA regulatory impact on EU crypto firms and operations

1 source

Hyperliquid hits record 9% share of aggregate perp open interest · cryptobriefing.com · T2

Story timeline · 13 entries

Jul 26, 2026
Hyperliquid Logs Record Single-Day Fees
Hyperliquid generates $1.4M in single-day fees and burns $1.2M in HYPE, continuing its aggressive buyback-and-burn cadence.
Jul 21, 2026 1 clip
Hyperliquid Adds Prediction Markets
Hyperliquid launches permissionless prediction markets requiring only $30M HYPE stake, bypassing validator approval
Jul 18, 2026✦ Take
Hyperliquid Hits $1B Fee Milestone
Hyperliquid crosses $1B in cumulative fees since its 2024 launch as USDC monthly transfer volume on the platform reaches $45.58B
Jul 17, 2026This story
Hyperliquid hits record 9% perp OI share
Hyperliquid hits record 9% share of aggregate perpetual open interest, cementing its decentralized dominance.
Jul 15, 2026✦ Take
Hyperliquid Squeezes USDC Economics
JPMorgan publishes formal analysis naming Hyperliquid's Circle partnership as a structural threat to USDC and Coinbase revenue models.
Jul 12, 2026
Hyperliquid OI Share Hits 9% ATH
Hyperliquid's perpetual Open Interest market share reaches 9% all-time high and HYPE buybacks burn 45 million tokens
Jul 10, 2026✦ Take
Hyperliquid Volume Falls 35%
Hyperliquid posts 35% quarterly volume drop as RWA-linked perpetual contracts capture growing share of decentralized trading activity
Jun 27, 2026
Hyperliquid Dominates Decentralized Perp Trading
New metrics added: 80% decentralized perp market share and $700M annualized revenue from $3B collateral disclosed today.
Jun 15, 2026
Hyperliquid Goes Live With Tokenized Stocks
Hyperliquid expanded into tokenized US equities with storage sector stocks gaining over 4%, and Futu's Moomoo app integrated Hyperliquid market data, extending the platform's mainstream visibility.
Jun 13, 2026
Hyperliquid Sets Open Interest Record
Hyperliquid open interest market share reached 8.2% ATH and $4B USDC inflow recorded, following prior report of holdings exceeding $200M pre-SpaceX IPO.
Jun 13, 2026
SpaceX Tops Hyperliquid; HYPE Surges 7%
SpaceX is now Hyperliquid's second most-traded asset; HYPE rose 7% on Kalshi futures launch and SpaceX IPO speculation.
Jun 13, 2026
HYPE Rally Follows SpaceX IPO Frenzy
HYPE price trend analysis and Arthur Hayes 'classic crypto grift' commentary published following SpaceX IPO activity on Hyperliquid.
Jun 12, 2026
Hyperliquid Tops $200M Pre-SpaceX IPO
Hyperliquid's total holdings surpassed $200 million ahead of the SpaceX IPO, with a single whale holding $17.6 million in bullish positions. Hyperliquid also launched HIP-4 prediction markets offering price predictions for HYPE, ETH, and SOL.