Hyperliquid's open interest exceeds $11.5 billion, reaching a 2026 high

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Hyperliquid's open interest reached $11.5 billion, setting a 2026 high, according to Delphi Digital. Open interest related to HIP-3 is near $4 billion, with the S&P 500 as the top trading market. AI-linked stocks such as SK Hynix and Micron Technology show strong trading activity. Rising interest rates have not slowed the platform’s expansion beyond crypto perpetuals.

ChainCatcher reports that, according to Delphi Digital, Hyperliquid's open interest has reached a 2026 high of $11.5 billion. Of this, open interest related to HIP-3 is nearly $4 billion, with the S&P 500 as its largest trading market; among AI-related stocks, SK Hynix and Micron Technology are among the most actively traded. Data shows that Hyperliquid’s growth is no longer limited to the cryptocurrency perpetuals market.

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