Hyperliquid Open Interest Hits $91.1B, Highest Level in Three Months

According to DefiLlama data reported by BlockBeats on May 8, Hyperliquid's open interest reached $91.1 billion, the highest level since mid-January, as on-chain perpetual DEX trading volumes recovered amid volatility across equities, commodities, and crypto markets.

Hyperliquid led the perpetual DEX market with 24-hour trading volume of $82.7 billion. Other major platforms included Trade.xyz with $33.4 billion in volume and $21.8 billion open interest, EdgeX with $21.9 billion volume and $9.45 billion open interest, and Aster with $18.7 billion volume and $23.1 billion open interest.