The open interest of the Hyperliquid platform PUMP reached $616 million, while Binance's was $169 million.

On July 16, according to Ai Yi’s monitoring, the market sentiment of $PUMP tokens gradually shifted from a general bearish sentiment at 4 billion FDV (fully diluted valuation) to a strong bullish sentiment at 6.5 billion FDV. Currently, the $PUMP open interest (OI) of the Hyperliquid platform has reached $616 million, and that of the Binance platform is $169 million, accounting for 92.7% of the total OI of the market. In addition, the funding rates of the top ten platforms in terms of contract size are all positive, indicating that the market sentiment is still mainly bullish. [PANews]