What is open interest on Hyperliquid?
Open interest is the estimated outstanding notional exposure in a market. On Hyperliquid, HYPE open interest and other market OI show where positioning is concentrated, not whether a market is bullish, safe, or liquid. This ranking last fetched 230 public market rows at Jun 22, 2026, 3:01 AM UTC.
Read open interest as positioning contextRead
This page ranks where open positions are concentrated. It tells you where notional exposure exists, not whether that exposure is safe, directional, or durable.
- Open interest estimates notional positioning, not trader intent or direction.
- Large OI can mean deeper participation, crowded exposure, hedging, or leverage risk.
- Compare OI with volume, funding, spread, and visible depth before drawing conclusions.
- Rankings are educational context and are not position recommendations.
Read open interest as positioning context
This page ranks where open positions are concentrated. It tells you where notional exposure exists, not whether that exposure is safe, directional, or durable.
- Open interest estimates notional positioning, not trader intent or direction.
- Large OI can mean deeper participation, crowded exposure, hedging, or leverage risk.
- Compare OI with volume, funding, spread, and visible depth before drawing conclusions.
- Rankings are educational context and are not position recommendations.
Largest open interest
Open interest estimates the active outstanding position size in a market. Compare it with funding and volume before drawing conclusions.
| Rank | Market | Mark | 24h | Open interest | Funding | OI | Volume | Read | |
|---|---|---|---|---|---|---|---|---|---|
| #1 | BTC-PERP | 64,101 | -0.20% | $1.95B | -0.11 bps | $1.95B | $1.52B | How to read 24h volume$1.52B Vol/OI0.78x Funding/h-0.11 bps Ranking context only, not direction. | |
| #2 | ETH-PERP | 1,733 | -0.13% | $1.37B | +0.08 bps | $1.37B | $651.34M | How to read 24h volume$651.34M Vol/OI0.48x Funding/h+0.08 bps Ranking context only, not direction. | |
| #3 | HYPE-PERP | 67.213 | -3.73% | $1.36B | -0.96 bps | $1.36B | $398.73M | How to read 24h volume$398.73M Vol/OI0.29x Funding/h-0.96 bps Ranking context only, not direction. | |
| #4 | SOL-PERP | 73.645 | +0.40% | $382.65M | -0.01 bps | $382.65M | $317.59M | How to read 24h volume$317.59M Vol/OI0.83x Funding/h-0.01 bps Ranking context only, not direction. | |
| #5 | ZEC-PERP | 443.2 | -5.04% | $192.09M | -0.26 bps | $192.09M | $91.4M | How to read 24h volume$91.4M Vol/OI0.48x Funding/h-0.26 bps Ranking context only, not direction. | |
| #6 | XRP-PERP | 1.1335 | -1.14% | $84.32M | +0.12 bps | $84.32M | $14.6M | How to read 24h volume$14.6M Vol/OI0.17x Funding/h+0.12 bps Ranking context only, not direction. | |
| #7 | NEAR-PERP | 2.1584 | -0.83% | $81.96M | +0.00 bps | $81.96M | $32.47M | How to read 24h volume$32.47M Vol/OI0.40x Funding/h+0.00 bps Ranking context only, not direction. | |
| #8 | LIT-PERP | 1.655 | +3.83% | $66.88M | +0.13 bps | $66.88M | $16.74M | How to read 24h volume$16.74M Vol/OI0.25x Funding/h+0.13 bps Ranking context only, not direction. | |
| #9 | WLD-PERP | 0.63311 | +5.10% | $56.41M | +0.13 bps | $56.41M | $30.34M | How to read 24h volume$30.34M Vol/OI0.54x Funding/h+0.13 bps Ranking context only, not direction. | |
| #10 | AAVE-PERP | 75.424 | -0.39% | $51.61M | +0.13 bps | $51.61M | $6.03M | How to read 24h volume$6.03M Vol/OI0.12x Funding/h+0.13 bps Ranking context only, not direction. | |
| #11 | XMR-PERP | 321.59 | +3.08% | $47.33M | +0.50 bps | $47.33M | $4.64M | How to read 24h volume$4.64M Vol/OI0.10x Funding/h+0.50 bps Ranking context only, not direction. | |
| #12 | SUI-PERP | 0.70295 | -0.93% | $33.42M | -0.14 bps | $33.42M | $9.72M | How to read 24h volume$9.72M Vol/OI0.29x Funding/h-0.14 bps Ranking context only, not direction. | |
| #13 | LINK-PERP | 7.884 | -0.78% | $31.45M | +0.13 bps | $31.45M | $1.76M | How to read 24h volume$1.76M Vol/OI0.06x Funding/h+0.13 bps Ranking context only, not direction. | |
| #14 | XPL-PERP | 0.090166 | -4.12% | $30.5M | +0.09 bps | $30.5M | $17.8M | How to read 24h volume$17.8M Vol/OI0.58x Funding/h+0.09 bps Ranking context only, not direction. | |
| #15 | ASTER-PERP | 0.64154 | -1.60% | $29.92M | +0.13 bps | $29.92M | $1.2M | How to read 24h volume$1.2M Vol/OI0.04x Funding/h+0.13 bps Ranking context only, not direction. | |
| #16 | PUMP-PERP | 0.001519 | +6.08% | $26.71M | +0.13 bps | $26.71M | $12.72M | How to read 24h volume$12.72M Vol/OI0.48x Funding/h+0.13 bps Ranking context only, not direction. | |
| #17 | ZRO-PERP | 0.91698 | +1.98% | $26.23M | +0.13 bps | $26.23M | $2M | How to read 24h volume$2M Vol/OI0.08x Funding/h+0.13 bps Ranking context only, not direction. | |
| #18 | VVV-PERP | 15.555 | +7.76% | $26.01M | +0.13 bps | $26.01M | $5.81M | How to read 24h volume$5.81M Vol/OI0.22x Funding/h+0.13 bps Ranking context only, not direction. | |
| #19 | MON-PERP | 0.020986 | +1.30% | $25.11M | +0.13 bps | $25.11M | $660K | How to read 24h volume$660K Vol/OI0.03x Funding/h+0.13 bps Ranking context only, not direction. | |
| #20 | BNB-PERP | 590.58 | +0.22% | $24.32M | +0.13 bps | $24.32M | $3M | How to read 24h volume$3M Vol/OI0.12x Funding/h+0.13 bps Ranking context only, not direction. | |
| #21 | TAO-PERP | 230.28 | -0.26% | $23.89M | +0.13 bps | $23.89M | $11.18M | How to read 24h volume$11.18M Vol/OI0.47x Funding/h+0.13 bps Ranking context only, not direction. | |
| #22 | ADA-PERP | 0.15925 | -1.86% | $22.74M | -0.05 bps | $22.74M | $3.1M | How to read 24h volume$3.1M Vol/OI0.14x Funding/h-0.05 bps Ranking context only, not direction. | |
| #23 | DOGE-PERP | 0.083135 | -0.47% | $21.82M | -0.03 bps | $21.82M | $2.26M | How to read 24h volume$2.26M Vol/OI0.10x Funding/h-0.03 bps Ranking context only, not direction. | |
| #24 | AVAX-PERP | 6.213 | -0.21% | $21.58M | -0.12 bps | $21.58M | $5.28M | How to read 24h volume$5.28M Vol/OI0.24x Funding/h-0.12 bps Ranking context only, not direction. | |
| #25 | LTC-PERP | 44.976 | +0.97% | $21.35M | +0.13 bps | $21.35M | $1.61M | How to read 24h volume$1.61M Vol/OI0.08x Funding/h+0.13 bps Ranking context only, not direction. |
Ranking context only, not direction.
Ranking context only, not direction.
Ranking context only, not direction.
Ranking context only, not direction.
Ranking context only, not direction.
Ranking context only, not direction.
Ranking context only, not direction.
Ranking context only, not direction.
Ranking context only, not direction.
Ranking context only, not direction.
Ranking context only, not direction.
Ranking context only, not direction.
Ranking context only, not direction.
Ranking context only, not direction.
Ranking context only, not direction.
Ranking context only, not direction.
Ranking context only, not direction.
Ranking context only, not direction.
Ranking context only, not direction.
Ranking context only, not direction.
Ranking context only, not direction.
Ranking context only, not direction.
Ranking context only, not direction.
Ranking context only, not direction.
Ranking context only, not direction.
Open interest definitions
Learn how HypeBasis uses open interest, volume/OI, funding, and liquidity context before reading a ranking as crowded positioning.
Reference depth for majors
BTC, ETH, and SOL open interest is easier to interpret beside stored cross-venue depth, spread, and bid/ask delta context.
How to read this data
- Where this comes from
- Hyperliquid public info endpoint
- How fresh it is
- Live data can refresh while the page is open.
- Last reviewed
- 2026-05-05
- How to use it
- Labels are educational context, not trade signals or financial advice.
Sources
- Hyperliquid Docs: Info endpointAccessed 2026-05-04Supports: Public info endpoint families used for market, book, candle, account, and portfolio tooling.
- Hyperliquid Docs: Perpetuals info endpointAccessed 2026-05-30Supports: Perpetual market metadata, asset context, funding history, predicted funding, clearinghouse state, and open-interest cap fields.
- Hyperliquid Docs: Rate limits and user limitsAccessed 2026-05-04Supports: Rate-limit and user-limit constraints for public-data tooling.