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Hyperliquid Platform Sees Significant TVL Increase
The Total Value Locked (TVL) of Hyperliquid has made a remarkable recovery, jumping 7.8% week over week. According to BlockBeats' On-chain Detection, at 8 AM UTC+8, the TVL reached $5.529 billion, briefly surpassing $5.53 billion, marking a new peak since the 'October 11 crash.'
At the same time, the platform's open interest climbed to $9.647 billion, the highest level since February this year. The trading volume over the last 24 hours hit $7 billion, with around 28.1% coming from the traditional market within the HIP-3 ecosystem.
During the 'October 11 crash,' Hyperliquid's TVL dropped 12.49% from a peak of $5.98 billion, while open interest plummeted 57.74% from $14.69 billion.#Hiperliquid
The Total Value Locked (TVL) of Hyperliquid has made a remarkable recovery, jumping 7.8% week over week. According to BlockBeats' On-chain Detection, at 8 AM UTC+8, the TVL reached $5.529 billion, briefly surpassing $5.53 billion, marking a new peak since the 'October 11 crash.'
At the same time, the platform's open interest climbed to $9.647 billion, the highest level since February this year. The trading volume over the last 24 hours hit $7 billion, with around 28.1% coming from the traditional market within the HIP-3 ecosystem.
During the 'October 11 crash,' Hyperliquid's TVL dropped 12.49% from a peak of $5.98 billion, while open interest plummeted 57.74% from $14.69 billion.#Hiperliquid
If you're not trading on #Hiperliquid , you're basically rocking a Nokia in the iPhone era.
The $HYPE ecosystem is soaking up liquidity from traditional DEXs. We're talking billions in market cap and we're just getting started. The volume doesn't lie: money is flowing towards efficiency and real on-chain trading.
What coin from $HYPE are you holding? I'm all ears. 🚀
#HYPE #DeFi #Hyperliquid #TradingTips
The $HYPE ecosystem is soaking up liquidity from traditional DEXs. We're talking billions in market cap and we're just getting started. The volume doesn't lie: money is flowing towards efficiency and real on-chain trading.
What coin from $HYPE are you holding? I'm all ears. 🚀
#HYPE #DeFi #Hyperliquid #TradingTips
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