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Hyperliquid's HIP-3 Sees Open Interest Skyrocket to $793M Amid Commodity Trading Boom

Dario avatar
Shared by Dario • January 27, 2026

Layer-1 blockchain network Hyperliquid has experienced a significant surge in trading activity, with its "Builder-Deployed Perpetuals" reaching an all-time high of $793 million in open interest. This rapid growth is largely attributed to a recent boom in commodities trading, marking a substantial increase from previous months.