Hyperliquid has reached a new high in the global perpetual futures market, according to data cited by BlockBeats on July 18. Based on open interest, the platform now accounts for 9.4% of the worldwide perpetual contract market, with the comparison including centralized exchanges such as Binance, Bybit and OKX. The figure marks the highest share recorded since Hyperliquid launched.
Separate market data from HTX showed that HYPE was trading at $58.58 at the time of the update, down 2.84% over the past 24 hours. The report focused on market share by open interest rather than trading volume, highlighting Hyperliquid’s position within the broader perpetuals market against major centralized venues.
Hyperliquid now accounts for 9.4% of the global perpetual futures market by open interest, according to hypeflows data cited by BlockBeats on July 18. The comparison includes all centralized trading platforms, including Binance, Bybit and OKX. The reading is the highest level recorded since the platform was launched.
HTX market data showed HYPE trading at $58.58, down 2.84% over the past 24 hours.
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