Cryp2Nova

Hyperliquid on Chain Perpetuals Hyperliquid vs Exchanges Monthly Open Interest 2

Hyperliquid

Perpetual-futures volume and open interest on Hyperliquid, and its standing against centralised venues.

Why it matters

It sizes the on-chain derivatives venue against the exchanges it competes with.

How it is built

Traded notional and outstanding open positions are summed per period and set beside the tracked centralised exchanges.

What to watch

An on-chain venue taking share from centralised books is the clearest evidence that decentralised derivatives work at scale — a claim only this comparison can settle.

Measured on this chain

Hyperliquid on Chain Perpetuals Hyperliquid vs Exchanges Monthly Open Interest 2 on Hyperliquid last read 1.66T on Apr 1, 2026, a change of +118% over 30 days, ranging from 653.29B (Sep 1, 2023) to 4.49T (Sep 1, 2025).

Latest reading
1.66T
Apr 1, 2026
Change
1d -19.11%
30d +118%
Range
Low 653.29B·Sep 1, 2023
High 4.49T·Sep 1, 2025
Coverage
Jun 1, 2023Apr 1, 2026
35 readings
Recent readings
DateValue
May 1, 20253.07T
Jun 1, 20253.06T
Jul 1, 20253.95T
Aug 1, 20254.42T
Sep 1, 20254.49T
Oct 1, 20253.72T
Nov 1, 20252.68T
Dec 1, 20252.34T
Jan 1, 20262.62T
Feb 1, 20261.79T
Mar 1, 20262.05T
Apr 1, 20261.66T

Read from our own stored series, not quoted from a page.

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