# Hyperliquid Ends Q3 With $16.8 Billion in Open Interest, Ahead of Rivals By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/57098 Published: 2026-11-14T00:42:49.000Z Updated: 2026-11-14T00:42:49.000Z Section: Investing > Its open interest rose significantly from the previous quarter. Hyperliquid ended September with about $16.8 billion in open interest on its perpetual-futures platform, ahead of Bybit, Kraken and OKX. Its total rose significantly from the previous quarter. Open interest measures the value of positions that remain outstanding in perpetual contracts. Hyperliquid’s perpetual-contract open-interest share stood at [11.9% on Oct. 7](), a later measure of its position in the derivatives market. ## Links in this article - [11.9% on Oct. 7](https://www.tokenpost.com/news/investing/27520)