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Hyperliquid (HYPE) Open Interest

HYPEHYPE$87.70-4.79%LongShort

Derivatives (24h)

BuySell
Open Interest-6.12%$3.79B
Futures Volume-71.88%$2.96B
Liquidation-68.28%$9.23M
Long Liquidation-32.57%$8.47M
Short Liquidation-95.41%$761.82K

Long/Short (24h)

LongShort
HYPE Long/Short All0.884
Binance Long/Short0.916
OKX Long/Short0.937
Bybit Long/Short0.970
Hyperliquid Long/Short0.815

Funding Rate

HYPE OI-Weighted (4h)+0.0051%
Binance HYPE/USDT (4h)+0.0050%
OKX HYPE/USDT (8h)+0.0100%
Bybit HYPE/USDT (8h)+0.0100%
Hyperliquid HYPE/USD (1h)+0.0013%
Open Interest (USD)Open interest is the total value of all futures contracts that are currently open — positions traders have entered but not yet closed, liquidated or settled. Learn more →$3.79B
Open Interest (HYPE)43.2M HYPE
OI Change · 1D-6.12%
OI Share · Market—

HYPE Open Interest Chart · Perpetual · Aggregated

Open Interesttotal OI · aggregatedHYPE priceΔOI +ΔOI −
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Hyperliquid$1.92BGate$468.63MBinance$397.43MBybit$309.35MBitget$207.27MOKX$113.20M
View HYPE liquidation heatmap →Where leveraged longs and shorts get liquidated · Binance, Bybit, OKX, Hyperliquid and more

Exchange HYPE Open Interest

  • Hyperliquid$1.92B
  • Gate$468.63M
  • Binance$397.43M
  • Bybit$309.35M
  • Bitget$207.27M
  • OKX$113.20M
  • MEXC$101.30M
  • WhiteBIT$94.07M
  • KuCoin$64.68M
  • BingX$53.68M
  • Others (5)$57.95M
ExchangesOpen InterestChange 24h%Share
ΣAll Exchanges$3.79B-6.12%—
HHyperliquid$1.92B-6.03%50.7%
GGate$468.63M-1.90%12.4%Trade
BBinance$397.43M-8.07%10.5%Trade
BBybit$309.35M-10.93%8.2%Trade
BBitget$207.27M-2.94%5.5%Trade
OOKX$113.20M-10.60%3.0%Trade
MMEXC$101.30M+16.67%2.7%Trade
WWhiteBIT$94.07M-8.60%2.5%
KKuCoin$64.68M+5.91%1.7%Trade
BBingX$53.68M-33.50%1.4%
LLighter$26.94M-3.67%0.7%
KKraken$21.87M-5.40%0.6%
AAster$7.70M-8.14%0.2%
HHTX$1.40M+0.21%0.0%Trade
CCrypto.com$49.73K-6.92%0.0%

Open interest per exchange with share of the combined total and change over the selected window (1h, 4h, 12h or 24h). Heatmap area is proportional to open interest. Values update about every minute.

HYPE open interest currently stands at $3.79B aggregated across all tracked exchanges (-6.12% over the past 24 hours). On the most recent hour, open interest is up 0.15%. That compares with $2.96B in 24-hour futures volume — a turnover of roughly 0.8× open interest, one gauge of how actively existing positions are changing hands. Learn more about how open interest works →

Compare open interest across all coins →

About HYPE open interest

Hyperliquid open interest (HYPE open interest, or HYPE OI) is the total value of all HYPE perpetual futures contracts currently open, aggregated across every tracked exchange. This page charts it over time against price and splits it venue by venue in the exchange table.

The aggregate sums every major derivatives exchange Coinfuty tracks, drops venues reporting no data, and refreshes continuously, so the total reflects the whole HYPE futures market rather than any single order book.

Frequently asked questions

What is HYPE open interest right now?

Total HYPE futures open interest is $3.79B as of the latest update — down 6.12% in the past 24 hours, aggregated across every exchange Coinfuty tracks.

Which exchange holds the most HYPE open interest?

Hyperliquid currently carries the largest HYPE futures book at $1.92B — about 51% of the $3.79B total. The exchange table below splits the full figure venue by venue.

Is HYPE open interest rising or falling?

Aggregated HYPE open interest is down 6.12% over the past 24 hours, standing at $3.79B. The chart above shows the longer trend against price.

How does HYPE open interest compare with trading volume?

HYPE futures turned over $2.96B in the past 24 hours against $3.79B of open positions — a ratio of about 0.8×. The higher the ratio, the faster exposure is changing hands.

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