Hyperliquid Open Interest Surges 7.2% Ahead of CPI

Total OI on Hyperliquid rose $765M to $11.3B ahead of CPI, with crypto and tech stocks seeing new leverage despite mixed price action.

Woofun AI data shows that Hyperliquid total open interest climbed from $10.56 billion to $11.325 billion, a 7.2% increase, ahead of the U.S. July CPI release. Crypto assets drove $583 million of this growth, while HIP-3 contributed $183 million. In the last 24 hours, ETH open interest rose by $86.51 million and BTC by $39.52 million, even as their combined trading volume fell 11%. Tech stocks also saw position expansion: PLTR open interest surged 253.2% to add $29.47 million, META added $23.8 million, and GOOGL added $18.12 million despite a 3.1% price drop. The XYZ100 index saw a 22.2% open interest rise, whereas SP500 open interest decreased by $5.63 million with both long and short positions contracting. Memory sector open interest fell $45.71 million despite price gains, though SKHY saw a $1.9 million increase.