Hyperliquid open interest climbs to $14.3 billion as HYPE hits all-time high
60-second summary
Hyperliquid’s open interest plummets 56% in one day on October 10, 2025, dropping from $14.7 billion to $6.5 billion, even as its HYPE token reaches an all‑time high and overall OI briefly peaked near $14.3 billion earlier this year. The sharp contraction signals heightened trader risk aversion and could pressure liquidity across decentralized derivatives markets.
On Oct. 10, 2025, Hyperliquid’s OI fell by around 56% in a single day, from $14.7 billion to just $6.5 billion.