According to Wu Blockchain citing on-chain analyst Mlm, the open interest for the NVIDIA (NVDA) perpetual contract on Hyperliquid has reached $535 million, expanding about 5.8-fold over the past seven days, with daily trading volume surpassing $1 billion for the first time. Among the 9,517 participating wallets tracked, 83% hold long positions, with longs sitting on a combined unrealized loss of approximately $14.6 million. The figures above are based on the analyst's statistics and do not represent the actual stock holdings or trading volume of NVIDIA itself.