Hyperliquid Skyrockets 17% as Network Demand and Open Interest Surge

  • TL;DR HYPE Surge: Hyperliquid's native token, HYPE, leaped 17% in a day amid booming network activity and high trading volumes. High-Stakes Leverage: A 40x leveraged Bitcoin long reached $1.1 billion, turning profitable as Bitcoin climbed past the $110K benchmark. Record Metrics: The platform hit new records with open interest of $8.9B, $3.