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Hyperliquid surpasses $11B open interest, becoming 3rd largest crypto exchange, challenging Binance.

Market News
14 Sep 2026
Crypto Briefing
View Source
Bullish
Hyperliquid surpasses $11B open interest, becoming 3rd largest crypto exchange, challenging Binance.

Hyperliquid has grown rapidly to become the third-largest crypto exchange by open interest, surpassing $11 billion. This marks it as a significant competitor to Binance in the perpetual futures market and a key player in the on-chain derivatives space. Market watchers see this growth as a positive sign for Hyperliquid's future, though price predictions show mixed outlooks. Future developments, partnerships, regulatory changes, or tech advances could further influence its market position and pricing.

More News (HYPE)

Hyperliquid tops $1.4B revenue, spends $1.26B on HYPE buybacks, boosting price outlook for 2026

Hyperliquid tops $1.4B revenue, spends $1.26B on HYPE buybacks, boosting price outlook for 2026

Hyperliquid, a decentralized derivatives protocol, has generated over $1.4 billion in cumulative revenue, with $1.26 billion used to buy back its native token, HYPE. This strong buyback activity supports HYPE's market price and reflects robust demand...

Protocol Fundamentals
Bullish
1 day ago
Dormant HYPE wallet moves tokens worth $23M to exchange after 2 years

Dormant HYPE wallet moves tokens worth $23M to exchange after 2 years

A HYPE wallet that was inactive for nearly two years recently transferred large batches of its tokens to a centralized exchange. The wallet had accumulated 257,928 HYPE tokens at prices between $3.39 and $3.72, originally costing about $902,000. Thes...

Market News
Bullish
1 day ago
Crypto markets deepen correction as Zcash and Ether near key support levels

Crypto markets deepen correction as Zcash and Ether near key support levels

Crypto markets experienced a deeper correction on October 9, with Zcash and Ether showing significant downside risks. Zcash traded around $1,190, close to a critical support level of $1,180, while Ether hovered near $2,525, just above its main suppor...

Technical Signals
Bearish
2 days ago
HYPE whale nets $23M profit from $902K investment after recent Kraken deposits.

HYPE whale nets $23M profit from $902K investment after recent Kraken deposits.

A HYPE whale has made over $23 million in profit from an initial investment of about $902,000 made roughly two years ago. The whale purchased 257,928 HYPE tokens at around $3.50 each and recently deposited 131,421 HYPE tokens to Kraken, valued at app...

Market News
Bullish
2 days ago
HYPE token may drop 17% to $72 as bearish signals emerge after surpassing $95 peak.

HYPE token may drop 17% to $72 as bearish signals emerge after surpassing $95 peak.

The HYPE token, after rallying above $95, shows signs of a potential decline of up to 17% toward $72 due to weakening momentum and bearish technical patterns. The price has fallen below key moving averages and the relative strength index indicates in...

Technical Signals
Bearish
3 days ago
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