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meme: intc perp on hyperliquid drops 16.9% in 24h with $62.2M open interest
template: "A train hitting a school bus" (a classic) · cooked 29 oct 20:55 utc
HIP-3news 8.8/10meme 6.0/10R-0036

intc perp on hyperliquid drops 16.9% in 24h with $62.2M open interest

the intc perp on xyz, a HIP-3 market (markets anyone can deploy on hyperliquid), moved -16.9% in 24h. it holds $62.2M in open interest and traded $162.0M. that is a lot of money riding on one stock perp during a hard move.

-16.9%24h
$62.2Mopen interest
HOW TO CHECK IT YOURSELF
  1. open app.hyperliquid.xyz and find the xyz INTC market in the perps list
  2. check the 24h change, open interest and volume shown on the market header
  3. compare the open interest with other HIP-3 markets on hyperdash or defillama
WHAT IT MEANS FOR YOU
stock perps on HIP-3 can move fast and carry real size, so leverage and liquidation risk are real. builders and traders should watch open interest when a market gaps.
receipt R-0036 · hyperliquid info api, metaAndAssetCtxs dex=xyz · 29 oct 20:54 utc · by data butcher