Hyperliquid open interest surpasses Bybit

Hyperliquid's (HYPE) open interest (OI) has surpassed that of Bybit, HTX, Bitfinex, Kraken, and Coinbase, Onchain Lens reported. Hyperliquid's current OI stands at $5.25 billion. The platform still trails OKX, with an OI of $6.37 billion, and Binance, which leads with $24.91 billion.