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Initia (INIT) Open Interest

INITINIT$0.1012-5.80%LongShort

Derivatives (24h)

BuySell
Open Interest-9.11%$27.33M
Futures Volume-51.92%$118.70M
Liquidation-16.98%$482.01K
Long Liquidation+18.06%$422.61K
Short Liquidation-74.30%$59.40K

Long/Short (24h)

LongShort
INIT Long/Short All0.943
Binance Long/Short0.948
OKX Long/Short0.958
Bybit Long/Short0.938
Hyperliquid Long/Short0.957

Funding Rate

INIT OI-Weighted (1h)-0.0656%
Binance INIT/USDT (1h)-0.0753%
OKX INIT/USDT (4h)-0.0145%
Bybit INIT/USDT (1h)-0.1209%
Hyperliquid INIT/USD (1h)+0.0787%
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 →$27.33M
Open Interest (INIT)270.2M INIT
OI Change · 1D-9.11%
OI Share · Market—

INIT Open Interest Chart · Perpetual · Aggregated

Open Interesttotal OI · aggregatedINIT priceΔOI +ΔOI −
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Binance$8.03MBybit$4.34MMEXC$3.78MGate$2.15MOKX$2.11MKuCoin$1.94M
View INIT liquidation heatmap →Where leveraged longs and shorts get liquidated · Binance, Bybit, OKX, Hyperliquid and more

Exchange INIT Open Interest

  • Binance$8.03M
  • Bybit$4.34M
  • MEXC$3.78M
  • Gate$2.15M
  • OKX$2.11M
  • KuCoin$1.94M
  • WhiteBIT$1.86M
  • Bitget$1.26M
  • Hyperliquid$933.73K
  • BingX$831.65K
  • Others (3)$99.19K
ExchangesOpen InterestChange 24h%Share
ΣAll Exchanges$27.33M-9.11%—
BBinance$8.03M-8.82%29.4%Trade
BBybit$4.34M-8.03%15.9%Trade
MMEXC$3.78M-22.41%13.8%Trade
GGate$2.15M-0.10%7.9%Trade
OOKX$2.11M-11.14%7.7%Trade
KKuCoin$1.94M+10.45%7.1%Trade
WWhiteBIT$1.86M-10.28%6.8%
BBitget$1.26M-10.65%4.6%Trade
HHyperliquid$933.73K-4.00%3.4%
BBingX$831.65K-3.07%3.0%
AAster$59.42K+22.69%0.2%
HHTX$37.04K+27.84%0.1%Trade
CCrypto.com$2.74K-15.07%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.

INIT open interest currently stands at $27.33M aggregated across all tracked exchanges (-9.11% over the past 24 hours). On the most recent hour, open interest is up 1.52%. That compares with $118.70M in 24-hour futures volume — a turnover of roughly 4.3× 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 INIT open interest

Initia open interest (INIT open interest, or INIT OI) is the total value of all INIT 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 INIT futures market rather than any single order book.

Frequently asked questions

What is INIT open interest right now?

Total INIT futures open interest is $27.33M as of the latest update — down 9.11% in the past 24 hours, aggregated across every exchange Coinfuty tracks.

Which exchange holds the most INIT open interest?

Binance currently carries the largest INIT futures book at $8.03M — about 29% of the $27.33M total. The exchange table below splits the full figure venue by venue.

Is INIT open interest rising or falling?

Aggregated INIT open interest is down 9.11% over the past 24 hours, standing at $27.33M. The chart above shows the longer trend against price.

How does INIT open interest compare with trading volume?

INIT futures turned over $118.70M in the past 24 hours against $27.33M of open positions — a ratio of about 4.3×. The higher the ratio, the faster exposure is changing hands.

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