Hyperliquid reached a record $18 billion in open interest on September 23, 2026. This milestone surpasses the previous high of $16.36 billion established on September 19.
The platform’s open interest grew by approximately $5 billion since the end of August 2026. Trading activity spans both crypto and non-crypto perpetual markets.
Bitcoin, Ether, and the native HYPE token drive a significant portion of this volume. Hyperliquid Strategies Inc. operates the exchange as the core ecosystem for PURR.