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Nvidia-Linked Perpetuals Top Hyperliquid With $1.5 Billion in 24-Hour Volume

The Nov. 12 snapshot counted 12,538 traders and $549 million in open interest, with a separate long-short ratio of 4.47:1.

Updated 1 min read
An anonymous customer checks a smartphone at a cafe in Seoul's Yeouido district. / EconoTimes.ai
An anonymous customer checks a smartphone at a cafe in Seoul's Yeouido district. / EconoTimes.ai

The snapshot showed $549 million in open interest alongside $1.5 billion in 24-hour turnover for Nvidia-linked contracts on Hyperliquid.

The volume figure covers trades during that 24-hour span. Open interest, which measures contracts still active, stood at $549 million. The snapshot counted 12,538 traders and listed a separate long-short ratio of 4.47:1.

These derivatives provide exposure to Nvidia share-price movements without making holders shareholders. The market operates beyond U.S. cash-market hours, with positions settled in USDC.

EconoTimes previously covered price moves in Hyperliquid’s Nvidia perpetuals and xyz:NVDA trading.

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