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Hyperliquid Surges to $5.6B Open Interest

Hyperliquid Reaches $5.6 Billion Open Interest with Hyperbridge Launch

  • Layerzero launches Hyperbridge for cross-chain asset interoperability.
  • Hyperliquid’s open interest hits a record high of $5.6 billion.
  • Hyperbridge connects external blockchain assets to Hyperliquid’s trading ecosystem.
  • Layerzero is known as an omnichain interoperability protocol.

The introduction of Hyperbridge by Layerzero has facilitated the connection of external blockchain assets to Hyperliquid, contributing to a new record open interest of $5.6 billion in its decentralized trading ecosystem.

Source (2.6)https://news.bitcoin.com/hyperliquid-hits-5-6b-open-interest-high-amid-hyperbridge-debut/?rand=52384
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