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Hyperliquid (HYPE) Token Soars to New ATH as Open Interest Approaches $12B

  • Hyperliquid's token HYPE surged to a new all-time high of $37.44 on May 23 driven by investor interest and derivatives activity.
  • The open interest for Hyperliquid approached $12 billion, marking a significant 53% increase to $9.4 billion on May 23.
  • HYPE's trading volume increased by 24.65% to $561.2 million over the past 24 hours, with strong liquidity and market activity.
  • The key resistance for HYPE lies at the all-time high of $37.44, with support levels at the 9-day and 21-day moving averages.

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