Hyperliquid Price Soars 2.5% as Perp Market Share Grows

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On Friday, the Hyperliquid (HYPE) price jumped by over 2.5% on a daily chart in the recovery rally, after losing over 7.88% in a week.
The cryptocurrency is trading at around $35.74 with a market capitalization of $9.09 billion, along with a daily trading volume of $160.70 million.
Recently, open interest in the HIP-3 markets has soared above $1.4 billion, while the daily perpetual futures volume has hit fresh highs above $5 billion on peak days.

On April 3, the Hyperliquid (HYPE) price soared by over 2.5% on a daily chart, helping its price to rebound from the recent dip in the crypto market. 
According to CoinMarketCap, Hyperliquid (HYPE) is currently trading at around $35.53 with a market capitalization of $9.09 billion. The daily trading is around $160.70 million, and the total circulating supply of 956.35 million HYPE tokens. 
Hyperliquid (HYPE) Price Follows Recovery Trajectory
Meanwhile, HYPE is showing early signs of recovery after a bearish trend. The price

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