| Exchange | Open Interest | 24h Change | 7d Change | Share |
|---|---|---|---|---|
| $1.93B | +0.9% | +6.6% | ||
| $390.8M | -1.6% | +4.0% | ||
| $328.9M | -10.2% | +47.1% | ||
| $283.8M | -3.6% | +6.4% | ||
| $196.8M | +1.3% | +4.2% | ||
| $104.8M | -2.5% | +4.3% | ||
| $96.7M | -0.8% | -22.1% | ||
| $59.2M | +2.0% | +9.4% | ||
| $45.4M | +0.4% | +5.7% | ||
| $29.8M | +0.8% | +14.5% | ||
| $14.8M | -5.0% | +1.6% | ||
| $12.0M | -10.6% | -7.5% | ||
| $10.9M | -5.0% | +60.1% | ||
| $6.8M | -15.0% | -22.0% | ||
| $1.8M | +29.5% | +34.9% |
HYPE open interest is the total notional value of HYPE perpetual positions that remain open across the exchanges tracked on this page. Unlike trading volume, open interest measures outstanding positions rather than activity traded during a period, making it useful for seeing whether exposure is building or being reduced.
The HYPE open interest chart shows how aggregate OI changes over time, while HYPE open interest by exchange shows where those positions are concentrated. The dashboard also tracks 24-hour and 7-day changes, exchange share and PerpDEX share, providing historical context for current positioning.
HYPE futures open interest is most useful when read alongside price, funding rates and liquidations. Rising HYPE OI means more outstanding positioning is open, while falling HYPE OI means positions are being reduced, closed or liquidated. HYPE open interest history can show how participation has changed over time, but open interest alone does not indicate whether the market is bullish or bearish.
It is the aggregate notional value of HYPE perpetual positions that remain open across the exchanges covered by the page. It measures outstanding positioning rather than trading activity during a period.
Rising HYPE OI means more outstanding positioning is open, while falling OI means positions are being reduced, closed or liquidated. The change does not by itself show whether traders are bullish or bearish.
The chart shows how aggregate open interest changes over the selected period, making it easier to see when positioning expands or contracts.
The exchange breakdown shows where outstanding positions are concentrated across venues and which markets account for the largest part of tracked OI.
The historical series provides context for how outstanding positioning has changed over time. It is most useful when read alongside price, funding and liquidation data.
The page shows current HYPE open interest together with recent 24-hour and 7-day changes. Use the latest displayed reading for the current aggregate and exchange-level breakdown.