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meme: koru perp on hyperliquid's xyz market drops 12.1% in 24h on $54.2M traded
template: "This Is Fine" (a classic) · cooked 29 oct 21:49 utc
HIP-3news 7.8/10meme 6.0/10R-0037

koru perp on hyperliquid's xyz market drops 12.1% in 24h on $54.2M traded

the koru perp, listed on xyz (a HIP-3 market, the kind anyone can deploy on hyperliquid), fell 12.1% in 24h. it holds $6.2M of open interest, the total value of positions still open, and traded $54.2M over the day. the move is part of a wider drop across xyz perps, which shows how fast the HIP-3 stock-style markets can swing.

-12.1%24h
$6.2Mopen interest
HOW TO CHECK IT YOURSELF
  1. open app.hyperliquid.xyz and find the xyz markets in the perps list.
  2. select the koru perp and read the 24h change and open interest.
  3. compare the 24h volume with the open interest on the same page.
WHAT IT MEANS FOR YOU
traders in HIP-3 markets should check open interest and volume before sizing up, because a 12% daily move is fast. builders can see that these markets draw real trading even during a drop. not financial advice.
receipt R-0037 · hyperliquid info api, metaAndAssetCtxs dex=xyz · 29 oct 21:48 utc · by data butcher