Hyperliquid Token Slides 7 Percent Despite Record $11B Open Interest
Hyperliquid’s HYPE token is under pressure despite record platform metrics, with the decentralized exchange recording $11.07 billion in total open interest and generating $1.73 million in daily fees. The token has declined 6.90 percent over the past 24 hours to $62.36, extending a seven-day loss to 7.20 percent, even as fundamental data from the underlying…