DEFI Markets Derivatives Hyperliquid vs Exchanges Monthly Open Interest
DeFi
A monthly comparison of total open interest on Hyperliquid against open interest on other major derivatives exchanges Shown here for Hyperliquid/Exchanges Ratio.
Why it matters
To gauge Hyperliquid's standing and growth relative to competing venues in the derivatives market.
How it is built
Aggregating the USD value of outstanding perpetual and futures positions on Hyperliquid each month and plotting it alongside the equivalent monthly figures for other exchanges.
What to watch
Hyperliquid's open interest growing faster than the competition signals it is capturing derivatives market share from centralized and other on-chain venues.
Related metrics
- DEFI Markets Derivatives Hyperliquid Open Interest
- DEFI Markets Derivatives Hyperliquid vs Exchanges Monthly Perpetual Volumes
- DEFI Markets Derivatives Hyperliquid vs Binance Monthly Perpetual Volumes
- DEFI Markets Derivatives Hip 3 Daily Open Interest by DEX
- DEFI Markets Derivatives Hyperliquid Total Cumulative Volume
- DEFI Markets Derivatives Hyperliquid Total Cumulative Liquidations
- DEFI Markets Derivatives Hyperliquid Daily Liquidations
- DEFI Markets Derivatives Hyperliquid Daily Volume per Builder