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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)

Bitcoin ETFs see $462M outflows amid price dip; Ethereum ETFs gain $216M inflows in contrast.

Bitcoin ETFs see $462M outflows amid price dip; Ethereum ETFs gain $216M inflows in contrast.

After a strong August, Bitcoin Spot ETFs faced $462.73 million in outflows from September 8-11, coinciding with Bitcoin's price dropping from about $79K to $77.3K. Major outflows came from Grayscale GBTC and Ark Invest's ARKB. Conversely, Ethereum ET...

Market News
Neutral
1 day ago
Hyperliquid's market cap could soar to $200 trillion in a decade, says Bitwise CIO Matt Hougan.

Hyperliquid's market cap could soar to $200 trillion in a decade, says Bitwise CIO Matt Hougan.

Bitwise CIO Matt Hougan predicts Hyperliquid's market cap could reach $200 trillion within the next decade, driven by strong investor demand and institutional adoption. The cryptocurrency has already doubled its price this year, rising 205% from $39....

Market News
Bullish
1 day ago
Hyperliquid burns tokens as TVL nears $7B; HYPE must hold $78.50 to avoid bearish trend.

Hyperliquid burns tokens as TVL nears $7B; HYPE must hold $78.50 to avoid bearish trend.

Hyperliquid recently burned about 32.77K HYPE tokens worth $2.65 million, reducing the total supply by 4.86%. The protocol's total value locked (TVL) has risen to nearly $7 billion, supporting ongoing token burns funded by platform fees. On the price...

Protocol Fundamentals
Neutral
1 day ago
Multicoin Capital names Hyperliquid a top holding amid strong liquidity and developer growth.

Multicoin Capital names Hyperliquid a top holding amid strong liquidity and developer growth.

Investment firm Multicoin Capital has identified Hyperliquid as one of its largest holdings following a detailed reassessment of the protocol. This decision reflects confidence in Hyperliquid's growth, driven by increased liquidity and developer acti...

Market News
Bullish
1 day ago
Zcash leads crypto surge; BNB and Hyperliquid hold bullish, Shiba Inu attempts recovery

Zcash leads crypto surge; BNB and Hyperliquid hold bullish, Shiba Inu attempts recovery

Zcash (ZEC) shows a strong rebound, trading near $1,187 after a rapid rise from $500 in mid-August, signaling robust growth potential. Binance Coin (BNB) maintains a bullish trend above $700, aiming to retest $770–$780 resistance after a recent corre...

Technical Signals
Bullish
2 days ago
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