Hyperliquid captures a record 7% of aggregate perpetual open interest with $9.55B in positions, challenging centralized exchanges through tokenized RWA markets.

A new analysis compares six Solana perpetual futures venues against Hyperliquid, which controls 66-73% of decentralized perps flow with $50B in weekly volume.

Hyperliquid's HYPE token hits a new all-time high near $59.4, up over 1,600% from its November 2024 low, driven by massive derivatives volumes on the DeFi-focused Layer-1.

21Shares' Hyperliquid ETF (THYP) reached $37.2M in AUM with $24.4M in net inflows during its first week on Nasdaq, marking strong demand for DeFi ETFs.

Hyperliquid's spot exchange-traded funds have accumulated over $69 million in total net inflows, with $16 million entering the funds yesterday alone. The two ETFs—$THYP and…

Hyperliquid captures a record 7% of aggregate perpetual open interest with $9.55B in positions, challenging centralized exchanges through tokenized RWA markets.