Hyperliquid reports $7.63 billion in open interest activity over 24 hours with $3.7 billion leveraged at 3-7 times

Hyperliquid recorded 7.63 billion USD in open interest within a day, showing the market’s high engagement.

Of this, 3.7 billion USD was leveraged at 3-7 times, while 2.77 billion USD was at lower risk levels. Short-selling dominance is seen among hedging institutions.