Elon Musk's flying sports car demonstration sparks a trading frenzy for Tesla ( TSLA ) on Hyperliquid
2026-10-16 18:50:52
CoinMeta data: On October 15th, Musk unveiled a flying sports car, and subsequently, the trading volume in the crypto market related to Tesla (TSLA) surged on Hyperliquid. The trading volume jumped from 2.8 million US dollars to 47 million US dollars, representing an increase of about 1580%. The TSLA perpetual contracts on Hyperliquid rose by about 4.9% to around 378 US dollars, making it the second busiest trading day for that contract since its listing. Tesla's stock price also increased by about 4.5% in pre-market trading. The contract is settled on USDC and allows for up to 20 times leverage without the need for a brokerage account. Tesla is expected to release its third-quarter financial report on October 21st.
Source:CoinDesk
This content is for market information only and does not constitute investment advice.
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