{"id":95349,"date":"2026-03-18T16:20:23","date_gmt":"2026-03-18T13:20:23","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=95349"},"modified":"2026-03-18T16:25:15","modified_gmt":"2026-03-18T13:25:15","slug":"stocks-and-commodities-propel-hyperliquids-open-interest-to-historic-high","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/stocks-and-commodities-propel-hyperliquids-open-interest-to-historic-high\/","title":{"rendered":"Stocks and Commodities Propel Hyperliquid&#8217;s Open Interest to Historic High"},"content":{"rendered":"<p>On March 14th, the total open interest (OI) on the <span data-descr=\"custom perpetual contract markets\" class=\"old_tooltip\">HIP-3<\/span> exchange <a href=\"https:\/\/forklog.com\/en\/news\/the-price-of-popularity-and-a-lesson-for-all-hyperliquid\">Hyperliquid<\/a> reached a record $1.43 billion. In the six months since the launch of the first markets in this new format, the figure has increased more than 100-fold.<\/p>\n<p><iframe loading=\"lazy\" width=\"100%\" height=\"420\" frameborder=\"0\" src=\"https:\/\/www.theblock.co\/data\/decentralized-finance\/derivatives\/hip-3-daily-open-interest-by-dex\/embed\" title=\"HIP-3 Daily Open Interest by DEX\"><\/iframe><\/p>\n<p>At the time of writing, the OI stands at $1.34 billion.<\/p>\n<p>The segment leader is the Trade.xyz platform from Hyperunit&#8217;s division, accounting for nearly 90% of the total open interest, with a daily trading volume reaching $22 billion.<\/p>\n<p>Among the top 30 trading instruments on the platform, only seven are cryptocurrency pairs. The remaining instruments are traditional assets:<\/p>\n<ul class=\"wp-block-list\">\n<li>futures on individual stocks;<\/li>\n<li>S&#038;P 500 and Nasdaq indices;<\/li>\n<li>contracts on gold, silver, and oil.<\/li>\n<\/ul>\n<p>The popularity of non-cryptocurrency derivatives is driven by the round-the-clock trading mode. The ability to trade on weekends and after traditional exchanges close attracts a new audience to the platform beyond the crypto community.<\/p>\n<p>On March 17th, the native token HYPE rose to 10th place by market capitalization among cryptocurrencies, surpassing <a href=\"https:\/\/forklog.com\/en\/news\/what-is-cardano-ada\">ADA<\/a>.<\/p>\n<p><script async src=\"https:\/\/telegram.org\/js\/telegram-widget.js?23\" data-telegram-post=\"forklog\/47620\" data-width=\"100%\"><\/script><\/p>\n<p>At the time of writing, the asset is trading at $40.74 (-1% for the day). Over the week, the token has risen by 17.3%, and over the month by 35.3%.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"662\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-9b7d766cb92d76c9-9056238056593837-1024x662.png\" alt=\"HYPEUSDT_2026-03-18_16-13-18\" class=\"wp-image-276990\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-9b7d766cb92d76c9-9056238056593837-1024x662.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-9b7d766cb92d76c9-9056238056593837-300x194.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-9b7d766cb92d76c9-9056238056593837-768x496.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-9b7d766cb92d76c9-9056238056593837.png 1428w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hourly chart of HYPE\/USDT on KuCoin exchange. Source: <a href=\"https:\/\/www.tradingview.com\/chart\/?symbol=KUCOIN%3AHYPEUSDT\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Earlier, on March 11th, Hyperliquid <a href=\"https:\/\/forklog.com\/en\/news\/hyperliquid-surpasses-4-trillion-milestone-and-launches-prediction-market-testing\">surpassed<\/a> the $4 trillion mark in cumulative trading volume of perpetual futures. It took the project three years to reach this milestone.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On March 14th, the total OI on HIP-3 exchange Hyperliquid reached a record $1.43 billion. In six months, the figure increased more than 100-fold.<\/p>\n","protected":false},"author":1,"featured_media":95350,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Hyperliquid's open interest hits $1.43 billion, driven by stocks and commodities.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[787,1823],"class_list":["post-95349","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-dex","tag-hyperliquid"],"aioseo_notices":[],"amp_enabled":true,"views":"92","promo_type":"1","layout_type":"1","short_excerpt":"Hyperliquid's open interest hits $1.43 billion, driven by stocks and commodities.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/95349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=95349"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/95349\/revisions"}],"predecessor-version":[{"id":95351,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/95349\/revisions\/95351"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/95350"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=95349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=95349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=95349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}