📊 $HYPE is gaining momentum in derivatives

The volume of derivatives $HYPE reached $1.25 billion in 24 hours amid the launch of HIP-3, which opened seamless access to perpetual commodity contracts.

RSI (14) rose to 60, breaking a multi-month downward trend.

🔍 Dominance $HYPE in on-chain derivatives — 48% of open interest Perp DEX — indicates a rotation of institutional liquidity and growing interest from large players.

#hype #Derivatives #PerpDEXSeason #Onchain #CryptoTrends

HYPEUSDT

Perp

33.93

+8.48%