Hyperliquid open interest surpasses Bybit

A CoinNess market monitoring update shows open interest on decentralized perpetual futures exchange Hyperliquid (HYPE) stood at about $10.28 billion as of Sept. 14, exceeding levels on major centralized exchanges Bybit and Gate. Hyperliquid’s BTC perpetual futures open interest also topped that of OKX, the world’s second-largest exchange, while CoinMarketCap data shows HYPE was trading at $79.74, up 0.42%.