Investment
Features
FeesSafety
Academy
More
Pluang+

Ethereum surpasses Bitcoin in open interest on Hyperliquid futures, signaling shifting trader sentiment.

Market News
29 Sep 2026
Crypto Briefing
View Source
Neutral
Ethereum surpasses Bitcoin in open interest on Hyperliquid futures, signaling shifting trader sentiment.

Ethereum's open interest on Hyperliquid's decentralized perpetual futures exchange has overtaken Bitcoin's, with ETH at about $3.02 billion and BTC at $2.80 billion. This shift marks a significant change in trader sentiment on a platform that now holds nearly 10% of global perpetual futures open interest. Hyperliquid's unique on-chain order book and high leverage offerings have boosted its growth, making it a key indicator of broader market trends. However, concentrated risk on this decentralized platform means traders should watch for potential vulnerabilities despite the sentiment signal.

Ethereum's open interest on Hyperliquid has surpassed Bitcoin's, with ETH at about $3.02 billion versus BTC's $2.80 billion, highlighting a shift in decentralized perpetual futures trading. For readers following cryptocurrency markets, here is Pluang's snapshot as of Sep 29, 2026 13:41 WIB: out of 50 major cryptocurrencies priced on Pluang, 23 rose and 26 fell today. Notable movers include COTI at Rp227 with a 5.93% decrease and 80% buy order activity, DOT at Rp21,032 with a 4.86% decrease and 60% sell order activity, and CAKE at Rp46,859 with a 4.64% decrease and balanced order activity.

More News

New Amalga Gold Project's federal permitting timetable officially posted, advancing regulatory process.

New Amalga Gold Project's federal permitting timetable officially posted, advancing regulatory process.

Grande Portage Resources announced that the official federal permitting timetable for its New Amalga Gold Project in Southeast Alaska has been posted on the Federal Permitting Dashboard under the FAST-41 program. This milestone marks a key step in th...

Market News
Bullish
4 hours ago
PUMP token jumps 17% amid $466M buyback program, boosting weekly gains to 38%.

PUMP token jumps 17% amid $466M buyback program, boosting weekly gains to 38%.

The PUMP token surged 17% in 24 hours, extending its weekly gains to 38%, driven by Pump.fun's aggressive buyback program which has spent over $466 million to reduce circulating supply by nearly 17%. The platform's seven-day revenue reached $15.16 mi...

Protocol Fundamentals
Bullish
4 hours ago
XRP price faces key resistance at $1.55 amid ETF inflows and XRPL network upgrades.

XRP price faces key resistance at $1.55 amid ETF inflows and XRPL network upgrades.

XRP's price is currently trading near $1.48, with significant institutional demand shown by $22.65 million net inflows into U.S. spot XRP ETFs on September 25, totaling about $1.79 billion cumulatively. Recent XRPL network upgrades and an upcoming Ev...

Market News
Neutral
4 hours ago
Hedera's HBAR jumps 20% on enterprise news and IBM Cloud listing of IDTrust platform

Hedera's HBAR jumps 20% on enterprise news and IBM Cloud listing of IDTrust platform

Hedera's cryptocurrency HBAR surged over 20% in 24 hours, reaching a high of $0.1306 before settling near $0.118 amid heavy trading. The price rally followed significant enterprise developments, including The Hashgraph Group's IDTrust identity platfo...

Market News
Bullish
4 hours ago
Close Brothers shares jump 11% on faster cost savings and strong capital despite motor finance provisions

Close Brothers shares jump 11% on faster cost savings and strong capital despite motor finance provisions

Close Brothers Group PLC shares rose nearly 11% after the company reported cost savings of £36 million for the year ending 31 July, surpassing its £25 million target. The group expects savings to exceed £60 million by the end of 2027. Despite a 17% d...

Company Fundamentals
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App