
$HYPE's OI just hit $8.21B - #2 protocol has $2.09B - The next 9 combined still don't match it - But the real number: 14.6X - That's OI/TVL - Every $1 in collateral backs $14.60 in open positions. Most DEXes park your money and call it liquidity. Meanwhile, Hype did $7.41B volume yesterday, $2.33M fees in the last 24 hours. 11 people built this monster.
