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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)

$69.9M in Bitcoin and $138.5M in crypto moved mostly to OKEX and HyperCore in a major transfer event

$69.9M in Bitcoin and $138.5M in crypto moved mostly to OKEX and HyperCore in a major transfer event

In a three-hour window ending at 2 a.m. ET on October 17, $138.5 million worth of cryptocurrency was transferred, led by a $69.9 million Bitcoin transfer to OKEX. An unknown wallet sent 856 BTC to OKEX, while significant transfers of Hyperliquid's HY...

Market News
Neutral
14 hours ago
LEO, HYPE tokens trade below benchmarks; TRON nears 2026 high but below lifetime peak

LEO, HYPE tokens trade below benchmarks; TRON nears 2026 high but below lifetime peak

LEO Token (LEO) and Hyperliquid (HYPE) are currently trading below their benchmark prices, with LEO at $9.04 and HYPE at $81.15, while TRON (TRX) is priced at $0.3354, close to but still below its 2026 high of $0.3775 and well under its lifetime peak...

Market News
Neutral
17 hours ago
XRP, SOL, and DOGE show buy signals after market dip, hinting at potential rebounds.

XRP, SOL, and DOGE show buy signals after market dip, hinting at potential rebounds.

Crypto analyst Ali Martinez highlights buy signals on XRP, Solana (SOL), Dogecoin (DOGE), and Hyperliquid after a recent market pullback. These signals suggest selling pressure may be easing and local bottoms could be forming, with XRP potentially re...

Technical Signals
Bullish
1 day ago
Trader holds $58M unrealized gain on leveraged Hyperliquid HYPE token position

Trader holds $58M unrealized gain on leveraged Hyperliquid HYPE token position

On October 16, a trader named watershedpath held a five-times-leveraged long position in Hyperliquid's HYPE token, resulting in about $58 million in unrealized gains. The token price was $81.38, significantly higher than the average entry price of $3...

Market News
Bullish
1 day ago
A $11.2M 5x-leveraged HYPE long position remains open with unrealized gains over entry price.

A $11.2M 5x-leveraged HYPE long position remains open with unrealized gains over entry price.

An account named watershedpath holds a large 5x-leveraged long position in HYPE valued at $11.2 million, with the token priced at $81.38 compared to an average entry price of $38.68. This means the current price is about 2.1 times higher than the ent...

Market News
Bullish
1 day ago
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