Hyperliquid's open interest rose to $11.73 billion, its highest level since Oct. 10, according to HyperliquidNews on X. Separate data from hypeflows showed the platform accounting for 10% of the global perpetual futures market by open interest, including centralized exchanges such as Binance, Bybit and OKX, slightly below its 10.4% record at the end of July. HTX market data showed HYPE at $56.23, up 1.2% over the past 24 hours. Open interest, which measures the total value of outstanding derivatives positions, is widely used as a gauge of trading activity and market share.