Hyperliquid's NVIDIA OI surpasses $195 million, approximately 5 times that of Binance

According to official data, the open interest (OI) of NVIDIA (NVDA) contracts on Hyperliquid has exceeded $195 million, surpassing WTI crude oil and Micron Technology (MU) to rank fourth in the HIP-3 market OI. Meanwhile, the open interest of the NVIDIA (NVDA) perpetual contract on Binance is approximately $39.5 million, only one-fifth of Hyperliquid's figure.