Hyperliquid has reached 1,000% since November: Record with open positions and daily income exceeds Ethereum

Hyperliquid has reached 1,000% since November: Record with open positions and daily income exceeds Ethereum

Hyperliquid: A remarkable increase and the background

In the past few months, Hyperliquid has recorded an impressive increase of 1,000 % since November. This remarkable growth was primarily powered by a record of open interest and a totally value locked (TVL) of $ 948 million. In addition, Hyperliquid has generated daily income that exceeds that of Ethereum.

What is hyperliquid?

Hyperliquid is an innovative platform that works in the Defi area and, thanks to its technological progress and unique approaches, has attracted investors and users' interest. The exponential growth rate is not only a result of speculative interest, but also an expression of the stable fundamental data that is behind the platform.

record open interest

The open interest, i.e. the number of open positions in a certain market, is an important indicator of the activity and trust of the market participants. In this context, Hyperliquid has achieved record values, which indicates increasing acceptance and use of the platform. This could attract both existing and new investors and further strengthen confidence in the platform.

Total Value Locked (TVL)

The Total Value Locked of $ 948 million is another key indicator of the success of hyperliquid. TVL denotes the total amount of cryptocurrencies blocked within a defi platform. A high TVL indicates that users are willing to invest considerable amounts of capital in the platform, which creates a solid basis for further growth.

daily income exceeds Ethereum

A particularly striking aspect of hyperliquid is the fact that the daily income of the platform exceeds that from Ethereum. Ethereum has established itself as one of the leading platforms in the defi sector and exceeding this success is a sign of the rapid development and acceptance of hyperliquid in the market.

FAZIT

Hyperliquid has recently made remarkable progress that is reflected in increasing demand, a high level of open interest, a significant totally value locked and impressive daily income. These factors together indicate that hyperliquid not only a short-term trend, but possibly a permanent size in the defi range could be. Observators of the cryptoma markets should continue to follow the development of hyperliquid.