<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2026/01/Hyperliquid-HIP-3-rise.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2026/01/Hyperliquid-HIP-3-rise.png"/></p>
<p>Hyperliquid 的原生代币 HYPE 大幅上涨，反映出随着其 HIP-3 框架活动加速，协议重新获得了动能。</p>
<p>HYPE 当前交易价格约为 27.40 美元，在过去 24 小时内上涨近 24%，表现优于比特币 (BTC) 和以太坊 (ETH)。</p>
<h2>与 HIP-3 相关的未平仓合约激增</h2>
<p>HYPE 价格上涨的核心是与 HIP-3 相关的未平仓合约的爆炸性增长，这是 Hyperliquid 的无许可永续合约计划。</p>
<p>在过去一个月中，HIP-3 市场的未平仓合约从大约 2.6 亿美元攀升至约 7.9 亿美元，创下新的历史最高点。</p>
<p><img src="https://imageproxy.pbkrs.com/https://pbs.twimg.com/profile_images/2001260078352285697/f5cl2Syx_normal.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://pbs.twimg.com/profile_images/2001260078352285697/f5cl2Syx_normal.jpg"/></p>
<p>HIP-3 的未平仓合约达到了 7.9 亿美元的历史最高点，最近受到商品交易激增的推动。HIP-3 的未平仓合约每周都在创下新高。一个月前，HIP-3 的未平仓合约为 2.6 亿美元。</p>
<p>晚上 9:12 ·2026 年 1 月 26 日</p>
<p>阅读 145 条回复</p>
<p>未平仓合约近乎三倍的增长突显了交易者信心的增强和资本在构建者部署市场中的增加。</p>
<p>HIP-3 允许第三方开发者通过质押 HYPE 代币来推出永续期货，开启了广泛的加密货币、商品和传统金融相关合约的可能性。</p>
<p>自去年十月推出以来，HIP-3 市场的累计交易量已超过 250 亿美元，显示出快速的采用情况。</p>
<p>这部分活动主要受到商品交易的推动，特别是黄金和白银的永续合约，交易者寻求在链上接触传统的避险资产。</p>
<p>向商品和股票的扩展帮助 Hyperliquid 在其他仍以加密为中心的去中心化永续平台中脱颖而出。</p>
<p>在 HIP-3 下运营的最大构建者 TradeXYZ 占据了大约 90% 的 HIP-3 交易量和大部分未平仓合约。</p>
<p>其旗舰市场，包括顶级上市公司的指数、白银和 Nvidia 永续合约，已成为流动性磁铁。</p>
<p>这种集中化增强了 Hyperliquid 在深度订单簿和紧密买卖差价方面的声誉。</p>
<p>Hyperliquid 联合创始人 Jeff Yan 一再强调，某些合约的买卖差价与主要中心化交易所的差价相当，甚至更具竞争力。</p>
<p>随着流动性的改善，交易者越来越多地使用 Hyperliquid 不仅进行投机，还用于多个资产类别的价格发现。</p>
<p>尽管 HIP-3 的未平仓合约仍然只是 Hyperliquid 总平台未平仓合约的一个小部分，后者接近 80 亿美元，但其增长速度引起了关注。</p>
<h2>Hyperliquid 价格预测</h2>
<p>从技术角度来看，HYPE 在最近的反弹后突破了几个关键阻力位。</p>
<p>22-23 美元区域已成为强支撑区，在本月早些时候形成了双底结构。</p>
<p>持续保持在 25 美元以上现在表明看涨延续，并反映出更高时间框架上的动能改善。</p>
<p>下一个关键阻力位在 28.593 美元附近，此前曾作为颈线和拒绝区域。</p>
<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2026/01/HYPEHUSD-price-chart-1024x631.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2026/01/HYPEHUSD-price-chart-1024x631.png"/></p>
<p>Hyperliquid 价格图表 | 来源：TradingView</p>
<p>如果每日收盘价突破 28 美元，可能会打开通往 30 美元心理关口和 100 日指数移动平均线的大门。</p>
<p>除此之外，如果交易量和未平仓合约继续上升，交易者可能会将目光投向 35 美元区域作为中期目标。</p>
<p>在下行方面，失去 25 美元可能会使 HYPE 面临更深的回调，目标指向 23 美元，预计买家会积极防守。</p>
<p>总体而言，只要 HIP-3 活动继续扩展，未平仓合约保持高位，Hyperliquid 的技术和基本面前景仍然乐观，尤其是在 2025 年 12 月经过决定性治理投票后，3750 万个 Hype 代币被永久移除流通后，供应减少。</p>
<p>Hyperliquid (HYPE) 价格飙升，HIP-3 驱动创纪录未平仓合约的文章首发于 Invezz</p>

PURR

<p>Hyperliquid 的原生代币 HYPE 上涨近 24%，达到约 27.40 美元，这一涨幅受到其 HIP-3 框架创纪录的未平仓合约推动，未平仓合约从 2.6 亿美元增加到 7.9 亿美元。这一增长反映了交易者信心的上升，特别是在商品交易方面。自 HIP-3 推出以来，该平台的交易量已超过 250 亿美元。HYPE 的技术前景依然看涨，关键阻力位在 28.593 美元，潜在目标可达 35 美元，而支撑位在 22 至 23 美元之间。最近的治理投票还通过从流通中移除 3750 万个代币来减少供应</p>

<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2026/01/Hyperliquid-HIP-3-rise.png" alt="" original-src="https://invezz.com/wp-content/uploads/2026/01/Hyperliquid-HIP-3-rise.png"/></p>
<p>Hyperliquid’s native token HYPE has surged sharply, reflecting renewed momentum across the protocol as activity on its HIP-3 framework accelerates.</p>
<div class="lb-trans"><p>Hyperliquid 的原生代币 HYPE 大幅上涨，反映出随着其 HIP-3 框架活动加速，协议重新获得了动能。</p>
</div><p>HYPE is currently trading around $27.40, up nearly 24% in the last 24 hours and outperforming both Bitcoin (BTC) and Ethereum (ETH).</p>
<div class="lb-trans"><p>HYPE 当前交易价格约为 27.40 美元，在过去 24 小时内上涨近 24%，表现优于比特币 (BTC) 和以太坊 (ETH)。</p>
</div><h2>Open interest tied to HIP-3 explodes</h2>
<div class="lb-trans"><h2>与 HIP-3 相关的未平仓合约激增</h2>
</div><p>At the centre of the HYPE price surge is the explosive growth in open interest tied to HIP-3, Hyperliquid’s permissionless perpetuals initiative.</p>
<div class="lb-trans"><p>HYPE 价格上涨的核心是与 HIP-3 相关的未平仓合约的爆炸性增长，这是 Hyperliquid 的无许可永续合约计划。</p>
</div><p>Over the past month, open interest on HIP-3 markets has climbed from roughly $260 million to around $790 million, marking a new all-time high.</p>
<div class="lb-trans"><p>在过去一个月中，HIP-3 市场的未平仓合约从大约 2.6 亿美元攀升至约 7.9 亿美元，创下新的历史最高点。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://pbs.twimg.com/profile_images/2001260078352285697/f5cl2Syx_normal.jpg" alt="" original-src="https://pbs.twimg.com/profile_images/2001260078352285697/f5cl2Syx_normal.jpg"/></p>
<p>HIP-3 open interest reached an all-time high of $790M, driven recently by a surge in commodities trading. HIP-3 OI has been hitting new ATHs each week. A month ago, HIP-3 OI was $260M.</p>
<div class="lb-trans"><p>HIP-3 的未平仓合约达到了 7.9 亿美元的历史最高点，最近受到商品交易激增的推动。HIP-3 的未平仓合约每周都在创下新高。一个月前，HIP-3 的未平仓合约为 2.6 亿美元。</p>
</div><p>9:12 pm · 26 Jan 2026</p>
<div class="lb-trans"><p>晚上 9:12 ·2026 年 1 月 26 日</p>
</div><p>Read 145 replies</p>
<div class="lb-trans"><p>阅读 145 条回复</p>
</div><p>This near-tripling of open interest highlights growing trader confidence and rising capital deployment across builder-deployed markets.</p>
<div class="lb-trans"><p>未平仓合约近乎三倍的增长突显了交易者信心的增强和资本在构建者部署市场中的增加。</p>
</div><p>HIP-3 allows third-party developers to launch perpetual futures by staking HYPE tokens, opening the door to a wide range of crypto, commodity, and TradFi-linked contracts.</p>
<div class="lb-trans"><p>HIP-3 允许第三方开发者通过质押 HYPE 代币来推出永续期货，开启了广泛的加密货币、商品和传统金融相关合约的可能性。</p>
</div><p>Since its launch in October, HIP-3 markets have generated more than $25 billion in cumulative trading volume, signalling rapid adoption.</p>
<div class="lb-trans"><p>自去年十月推出以来，HIP-3 市场的累计交易量已超过 250 亿美元，显示出快速的采用情况。</p>
</div><p>Much of this activity has been driven by commodities trading, particularly gold and silver perpetuals, as traders seek exposure to traditional safe-haven assets on-chain.</p>
<div class="lb-trans"><p>这部分活动主要受到商品交易的推动，特别是黄金和白银的永续合约，交易者寻求在链上接触传统的避险资产。</p>
</div><p>The expansion into commodities and equities has helped Hyperliquid differentiate itself from other decentralised perpetual platforms that remain crypto-centric.</p>
<div class="lb-trans"><p>向商品和股票的扩展帮助 Hyperliquid 在其他仍以加密为中心的去中心化永续平台中脱颖而出。</p>
</div><p>TradeXYZ, the largest builder operating under HIP-3, accounts for roughly 90% of HIP-3 trading volume and the majority of open interest.</p>
<div class="lb-trans"><p>在 HIP-3 下运营的最大构建者 TradeXYZ 占据了大约 90% 的 HIP-3 交易量和大部分未平仓合约。</p>
</div><p>Its flagship markets, including an index of top public companies, silver, and Nvidia perpetuals, have become liquidity magnets.</p>
<div class="lb-trans"><p>其旗舰市场，包括顶级上市公司的指数、白银和 Nvidia 永续合约，已成为流动性磁铁。</p>
</div><p>This concentration has reinforced Hyperliquid’s reputation for deep order books and tight bid-ask spreads.</p>
<div class="lb-trans"><p>这种集中化增强了 Hyperliquid 在深度订单簿和紧密买卖差价方面的声誉。</p>
</div><p>Hyperliquid co-founder Jeff Yan has repeatedly emphasised that spreads on some contracts rival or even beat those on major centralised exchanges.</p>
<div class="lb-trans"><p>Hyperliquid 联合创始人 Jeff Yan 一再强调，某些合约的买卖差价与主要中心化交易所的差价相当，甚至更具竞争力。</p>
</div><p>As liquidity improves, traders are increasingly using Hyperliquid not only for speculation but also for price discovery across multiple asset classes.</p>
<div class="lb-trans"><p>随着流动性的改善，交易者越来越多地使用 Hyperliquid 不仅进行投机，还用于多个资产类别的价格发现。</p>
</div><p>While HIP-3 open interest is still a fraction of Hyperliquid’s total platform open interest, which sits near $8 billion, its growth rate is drawing attention.</p>
<div class="lb-trans"><p>尽管 HIP-3 的未平仓合约仍然只是 Hyperliquid 总平台未平仓合约的一个小部分，后者接近 80 亿美元，但其增长速度引起了关注。</p>
</div><h2>Hyperliquid price prediction</h2>
<div class="lb-trans"><h2>Hyperliquid 价格预测</h2>
</div><p>From a technical perspective, HYPE has broken above several key resistance levels following its recent rebound.</p>
<div class="lb-trans"><p>从技术角度来看，HYPE 在最近的反弹后突破了几个关键阻力位。</p>
</div><p>The $22–$23 region has emerged as a strong support zone after forming a double-bottom structure earlier this month.</p>
<div class="lb-trans"><p>22-23 美元区域已成为强支撑区，在本月早些时候形成了双底结构。</p>
</div><p>A sustained hold above $25 now signals bullish continuation and reflects improving momentum across higher timeframes.</p>
<div class="lb-trans"><p>持续保持在 25 美元以上现在表明看涨延续，并反映出更高时间框架上的动能改善。</p>
</div><p>The next key resistance lies around $28.593, which previously acted as a neckline and rejection area.</p>
<div class="lb-trans"><p>下一个关键阻力位在 28.593 美元附近，此前曾作为颈线和拒绝区域。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2026/01/HYPEHUSD-price-chart-1024x631.png" alt="" original-src="https://invezz.com/wp-content/uploads/2026/01/HYPEHUSD-price-chart-1024x631.png"/></p>
<p>Hyperliquid price chart | Source: TradingView</p>
<div class="lb-trans"><p>Hyperliquid 价格图表 | 来源：TradingView</p>
</div><p>A decisive daily close above $28 could open the door toward the $30 psychological level and the 100-day exponential moving average.</p>
<div class="lb-trans"><p>如果每日收盘价突破 28 美元，可能会打开通往 30 美元心理关口和 100 日指数移动平均线的大门。</p>
</div><p>Beyond that, traders may look toward the $35 region as a medium-term target if volume and open interest continue to rise.</p>
<div class="lb-trans"><p>除此之外，如果交易量和未平仓合约继续上升，交易者可能会将目光投向 35 美元区域作为中期目标。</p>
</div><p>On the downside, losing $25 could expose HYPE to a deeper retracement toward $23, where buyers are expected to defend aggressively.</p>
<div class="lb-trans"><p>在下行方面，失去 25 美元可能会使 HYPE 面临更深的回调，目标指向 23 美元，预计买家会积极防守。</p>
</div><p>Overall, as long as HIP-3 activity continues to expand and open interest remains elevated, the technical and fundamental outlook for Hyperliquid remains constructive, especially following the reduction in supply after the permanent removal of 37.5 million Hype tokens from circulation following a decisive governance vote in December 2025.</p>
<div class="lb-trans"><p>总体而言，只要 HIP-3 活动继续扩展，未平仓合约保持高位，Hyperliquid 的技术和基本面前景仍然乐观，尤其是在 2025 年 12 月经过决定性治理投票后，3750 万个 Hype 代币被永久移除流通后，供应减少。</p>
</div><p>The post Hyperliquid (HYPE) price soars as HIP-3 drives record open interest appeared first on Invezz</p>
<div class="lb-trans"><p>Hyperliquid (HYPE) 价格飙升，HIP-3 驱动创纪录未平仓合约的文章首发于 Invezz</p>
</div>

由于 HIP-3 推动了创纪录的未平仓合约，Hyperliquid (HYPE) 价格飙升