Hyperliquid Skyrockets 17% as Network Demand and Open Interest Surge

TL;DR HYPE Surge: Hyperliquid’s native token, HYPE, leaped 17% in a day amid booming network activity and high trading volumes. High-Stakes Leverage: A 40x leveraged Bitcoin long reached $1. 1 billion, turning profitable as Bitcoin climbed past the $110K benchmark. Record Metrics: The platform hit new records with open interest of $8. 9B, $3. 2B locked in USDC,. . . source: https://crypto-economy.com/hyperliquid-skyrockets-17-as-network-demand-and-open-interest-surge/