Know where Hyperliquid is heading.

Name: Hyperliquid open interest and trading activity dashboard
Creator: HL Fundamentals
Keywords: Hyperliquid fundamentals, HL Fundamentals, Hyperliquid open interest, Hyperliquid OI, Hyperliquid 24h volume, Hyperliquid trading activity, Hyperliquid liquidity, Hyperliquid market share, Hyperliquid onchain analytics, Hyperliquid dashboard, Hyperliquid data, HYPE fundamentals, HyperCore, HyperEVM, perpetual futures analytics

HL Fundamentals tracks the growth, market share, liquidity, ecosystem expansion, and structural momentum of Hyperliquid as an onchain financial infrastructure.

Updated Jun 10, 2026, 08:39 AM UTC

Total open interest

Open interest is the notional value of open perpetual positions that have not been closed. Total open interest here is the USD aggregate across tracked Hyperliquid markets, useful for reading capital commitment, liquidity depth, and market participation.

$5.7B

Trading Activity

Volume shows whether open positions are turning into active trading demand, liquidity, and fee potential.

24h Volume

Rolling 24 hour notional perp volume from Hyperliquid's official market context API, summed across tracked markets.

$5.93B

Volume / OI

24h perp volume divided by total open interest. It measures how much trading activity is generated per dollar of open position inventory.

1.04x

Total open interest history

24h volume history

Volume / OI history

Top markets by open interest

Current market contribution from the latest collected OI snapshot.

Rank	Market	Current OI	OI share
1	BTC	$1.92B	33.7%
2	HYPE	$1.14B	19.9%
3	ETH	$1.12B	19.7%
4	SOL	$256.28M	4.5%
5	ZEC	$205.33M	3.6%
6	XRP	$85.28M	1.5%
7	NEAR	$75.12M	1.3%
8	LIT	$60.48M	1.1%
9	WLD	$43.82M	0.8%
10	AAVE	$42.77M	0.7%
11	TON	$42.22M	0.7%
12	XMR	$40.29M	0.7%
13	SUI	$35.18M	0.6%
14	BNB	$34.22M	0.6%
15	LINK	$30.15M	0.5%
16	MON	$25.91M	0.5%
17	DOGE	$23.85M	0.4%
18	ZRO	$23.69M	0.4%
19	ASTER	$23.49M	0.4%
20	AVAX	$22.92M	0.4%

Fundamental Reports

Timely research based on live Hyperliquid metrics, stored dashboard data, and market context.

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Report / Jun 7, 2026

Hyperliquid OI and Volume/OI Report: Turnover Cools

Hyperliquid OI holds near $5.84B while 24h volume and Volume/OI fall. A data-backed report using official API and HL Fundamentals metrics.

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Fundamentals Library

Evergreen explainers for understanding Hyperliquid as onchain financial infrastructure.

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Library / Jun 2, 2026

What Total Open Interest Really Tells Us About Hyperliquid's Fundamentals

A practical guide to reading Hyperliquid Total Open Interest as a signal for liquidity, trust, market participation, and structural risk.

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