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Hyperliquid tops Bybit, Kraken, OKX in Q3 open interest with $16.8B, signaling strong market confidence.

Market News
14 Nov 2026, 02:33 WIB
Crypto Briefing
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Bullish
Hyperliquid tops Bybit, Kraken, OKX in Q3 open interest with $16.8B, signaling strong market confidence.

Hyperliquid, a decentralized exchange focused on perpetual futures, surpassed major competitors Bybit, Kraken, and OKX in open interest during Q3, reaching about $16.8 billion by September's end. This growth indicates rising market confidence and increased user engagement on Hyperliquid's platform. The surge positions Hyperliquid as a growing force in the derivatives market. Investors will watch how the platform maintains this momentum amid competition and potential regulatory or security challenges.

Hyperliquid's rise in open interest is notable market context. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Nov 14, 2026 07:41 WIB: out of 50 major cryptocurrencies, 6 rose and 43 fell today. Notable movers include BAL at Rp16.297 (+11.14%), ONE at Rp25 (-10.04%), and EOS at Rp12.649 (+8.13%).

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