Hyperliquid (HYPE) open interest

HYPE perpetual open interest across Binance, Bybit, OKX, Hyperliquid totals about $2.45B; Hyperliquid holds the largest share (75%). On Binance, open interest changed +5.4% in coin terms over 24 hours and price +4.5%. Price is rising while open interest grows: new positions are joining the move up. Open interest does not show direction; it is not a trading signal on its own.

Total
$2.45B
4 exchanges
Binance
$374.9M
15% share
Bybit
$136.0M
6% share
OKX
$110.4M
5% share
Hyperliquid
$1.83B
75% share

Binance 24h: OI +5.4% (coin) · price +4.5% · 7d OI +0.2% (coin)

HYPE open interest chart — last 30 days

Sep 30: $389.4MOct 1: $373.5MOct 2: $377.3MOct 3: $375.9MOct 4: $365.8MOct 5: $373.8MOct 6: $396.7MOct 7: $370.8MOct 8: $357.7MOct 9: $336.1MOct 10: $330.3MOct 11: $346.2MOct 12: $342.6MOct 13: $338.3MOct 14: $342.6MOct 15: $382.2MOct 16: $390.5MOct 17: $394.1MOct 18: $388.8MOct 19: $397.0MOct 20: $412.8MOct 21: $382.5MOct 22: $332.4MOct 23: $323.2MOct 24: $321.4MOct 25: $318.8MOct 26: $313.2MOct 27: $341.9MOct 28: $340.3MOct 29: $333.0M
■ Binance (USDT perp, $)OKX (all contracts) +3.6% over 30 days · latest $107.7MBinance high $412.8M · low $313.2M · 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 HYPE open interest now?

HYPE perpetual open interest across Binance, Bybit, OKX, Hyperliquid totals about $2.45B; Hyperliquid holds the largest share (75%). On Binance, open interest changed +5.4% in coin terms over 24 hours and price +4.5%. Price is rising while open interest grows: new positions are joining the move up. Open interest does not show direction; it is not a trading signal on its own. (2026-10-29 10:53 UTC)

How did HYPE open interest change over 30 days?

On Binance, HYPE open interest changed −14.5% in dollars and −8.8% in coin terms over 30 days. High $412.8M (Oct 20), low $313.2M.

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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