Ethena (ENA) open interest

ENA perpetual open interest across Binance, Bybit, OKX, Hyperliquid totals about $253.4M; Binance holds the largest share (40%). On Binance, open interest changed −4.6% in coin terms over 24 hours and price −2.1%. Price is falling while open interest shrinks: the move down is largely positions closing (long unwind). Open interest does not show direction; it is not a trading signal on its own.

Total
$253.4M
4 exchanges
Binance
$102.0M
40% share
Bybit
$36.0M
14% share
OKX
$16.9M
7% share
Hyperliquid
$98.5M
39% share

Binance 24h: OI −4.6% (coin) · price −2.1% · 7d OI −7.0% (coin)

ENA open interest chart — last 30 days

Sep 30: $138.0MOct 1: $149.3MOct 2: $136.6MOct 3: $127.9MOct 4: $136.4MOct 5: $138.1MOct 6: $145.4MOct 7: $139.6MOct 8: $125.5MOct 9: $112.9MOct 10: $114.8MOct 11: $121.6MOct 12: $130.8MOct 13: $112.2MOct 14: $117.8MOct 15: $104.7MOct 16: $102.1MOct 17: $101.2MOct 18: $97.9MOct 19: $99.4MOct 20: $98.7MOct 21: $103.1MOct 22: $113.5MOct 23: $101.2MOct 24: $95.4MOct 25: $94.8MOct 26: $106.4MOct 27: $106.6MOct 28: $107.3MOct 29: $103.5M
■ Binance (USDT perp, $)OKX (all contracts) −16.0% over 30 days · latest $17.7MBinance high $149.3M · low $94.8M · Sep 30 – Oct 29

Bars are in dollars and also move with price. For real position change see the coin-terms percentages above. The vertical axis does not start at zero.

Frequently asked questions

What is ENA open interest now?

ENA perpetual open interest across Binance, Bybit, OKX, Hyperliquid totals about $253.4M; Binance holds the largest share (40%). On Binance, open interest changed −4.6% in coin terms over 24 hours and price −2.1%. Price is falling while open interest shrinks: the move down is largely positions closing (long unwind). Open interest does not show direction; it is not a trading signal on its own. (2026-10-29 10:53 UTC)

How did ENA open interest change over 30 days?

On Binance, ENA open interest changed −25.0% in dollars and −11.2% in coin terms over 30 days. High $149.3M (Oct 1), low $94.8M.

Does high open interest mean price will fall?

Open interest does not show direction. High open interest means a lot of leverage and potentially larger liquidations on a sharp move, in either direction.

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