Hyperliquid HIP-3 Data Shows $14.39 Billion in Weekly Trading Volume

Market data indicates open interest of about $1.73 billion, while crude oil contract CL traded near $97.87, up 2.13% over 24 hours.

Summary

No Summary provided as the original text is short

Terms & Concepts
  • Open interest: The total number of outstanding derivatives contracts that remain active and have not been closed or settled.
  • Trading volume: The total value or quantity traded over a set period, used to gauge market activity and liquidity.
  • HIP-3: A Hyperliquid framework or market segment referenced in the data for tracking trading activity and contract metrics.