Talos: Hyperliquid Reaches $10 Billion Open Interest Milestone

Hyperliquid has reached a $10 billion open interest milestone, a development Talos says reflects rising demand for onchain trading tied to equities and commodities and the appeal of round-the-clock market access. According to Cointelegraph, Talos linked the milestone to growing interest in onchain versions of traditional asset exposure, highlighting how 24/7 accessibility can attract participants seeking continuous trading opportunities. Talos said the open interest figure signals increasing engagement with onchain markets that extend beyond crypto-native products into equities and commodities. The firm attributed the momentum to the ability to trade at any time, positioning always-on access as a key factor behind the demand it described. The update centers on the open interest milestone itself and Talos’ view that it indicates broader appetite for onchain equities and commodities trading enabled by continuous availability.