According to on-chain analyst Mlm, open interest in Nvidia (NVDA) perpetual futures on Hyperliquid, a leading decentralized derivatives exchange, has surged 5.8-fold over the…
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According to on-chain analyst Mlm, open interest in Nvidia (NVDA) perpetual futures on Hyperliquid, a leading decentralized derivatives exchange, has surged 5.8-fold over the past seven days to $535 m…
According to on-chain analyst Mlm, open interest in Nvidia (NVDA) perpetual futures on Hyperliquid, a leading decentralized derivatives exchange, has surged 5.8-fold over the past seven days to $535 million, making it the largest HIP-3 market and fourth-largest overall, behind BTC, ETH and HYPE. Daily trading volume surpassed $1 billion for the first time. Of 9,517 participating wallets, 83% hold long positions, with combined unrealized losses of approximately $14.6 million. One $30.7 million long position opened in the past 24 hours is already down roughly $2.6 million.
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