Hyperliquid Open Interest Surges to $14.3B as HYPE Hits a Record

Hyperliquid open interest has climbed back to $14.3 billion, putting the decentralized exchange within striking distance of its levels just before one of crypto’s most brutal trading days.The figure, reached Sunday, is less than 3% below the $14.7 billion recorded on Oct. 10, 2025. That day ended very differently: Hyperliquid’s open interest plunged roughly 56%, falling to $6.5 billion in a single session.Nearly a year later, the recovery looks less like a straight line and more like