Hyperliquid (HYPE) is beginning to show signs of exhaustion after the coin added 20% to its value since the start of the week. The perpetuals-focused Decentralized Exchange (DEX) sees increased demand for Real-World Asset (RWA) futures, driving Open Interest to $1.5 billion. The coin could resume its rally soon as demand for an institutional-grade 24x7 trading platform increases amid rising Middle East tensions affecting Oil prices. HYPE rally stalls at $38 as Hyperliquid adoption continues HYPE rallied to the $38.42 level on Thursday, overtaking the February 3 swing high of $38 in the process. The rally this week comes as Hyperliquid, a leading decentralized perpetual trading platform, continues to record high trading volume.