Hyperliquid’s HIP‑3 Market Open Interest Hits $1.43 B

Published by

Sohrab Khawas

March 18, 2026

Hyperliquid’s HIP‑3 Market Open Interest Hits $1.43 B

Hyperliquid’s permissionless HIP‑3 derivatives market has set a fresh record with open interest topping $1.43 billion, highlighting strong trader demand for decentralized perpetual futures. Notably, the WTI crude oil contract logged about $1.39 billion in 24‑hour volume, placing it behind only Bitcoin in activity and ahead of Ethereum. Recent trends show most of Hyperliquid’s top 30 active markets are tokenized real‑world assets, such as the S&P 500 Index, NVIDIA, and precious metals, while just seven are traditional crypto pairs, underscoring a shift toward broader asset exposure.

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Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Published by

Sohrab Khawas

Tags: Crypto news