$HYPE open interest back above $12B.
Went from $15B → $5B after the October bloodbath.
Now climbing back to ATH levels.
Liquidity is rotating back in. Watch for funding rates to spike if this continues.
Data: DefiLlama
Went from $15B → $5B after the October bloodbath.
Now climbing back to ATH levels.
Liquidity is rotating back in. Watch for funding rates to spike if this continues.
Data: DefiLlama