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Hyperliquid leads with $16.8B open interest in perpetual futures, surpassing Bybit and Kraken.

Market News
14 Nov 2026, 02:42 WIB
Tokenpost
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Bullish
Hyperliquid leads with $16.8B open interest in perpetual futures, surpassing Bybit and Kraken.

Hyperliquid ended September with about $16.8 billion in open interest on its perpetual-futures platform, significantly increasing from the previous quarter. This figure places Hyperliquid ahead of competitors like Bybit, Kraken, and OKX in the derivatives market. Open interest represents the total value of outstanding positions in perpetual contracts, highlighting Hyperliquid's growing influence. As of October 7, Hyperliquid held an 11.9% share of the perpetual-contract open interest, signaling its strong position in the market.

Hyperliquid's Q3 open interest reached about $16.8 billion, marking a significant rise and a strong market position. For readers following the broader crypto market, here is Pluang's snapshot as of Nov 14, 2026 07:41 WIB: out of 50 major cryptocurrencies, 6 rose and 43 fell. Notable movers include BNB at Rp11.481.381 with a 1-day change of -4.08%, ADA at Rp3.063 down 3.74%, and SAND at Rp733 down 3.55%.

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