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Hyperliquid's open interest doubles to $13B in Q3 2026, leading decentralized exchange growth.

Protocol Fundamentals
28 Oct 2026, 19:04 WIB
Tokenpost
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Bullish
Hyperliquid's open interest doubles to $13B in Q3 2026, leading decentralized exchange growth.

Hyperliquid's open interest surged to about $13 billion in Q3 2026, representing roughly 53% of the total open interest on perpetual decentralized exchanges (DEX). This significant increase was driven primarily by new market launches. Other platforms like Variational, Lighter, and Aster also saw substantial growth in open interest by 78%, 107%, and 66%, respectively. The HIP-3 deployer trade accounted for about $3.9 billion of open interest, highlighting strong activity in the decentralized trading space.

Hyperliquid's open interest in perpetual DEXs reached about $13 billion in Q3 2026. For readers following cryptocurrency markets, 35 of 50 major cryptocurrencies on Pluang rose today, with SAND up 2.31% and a strong buy order activity of 98%. This data is as of Oct 28, 2026 23:22 WIB.

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