---
title: "Hyperliquid Surpassed Bybit, Kraken and OKX in Open Interest in Q3"
url: https://thecoingazette.com/hyperliquid-surpassed-bybit-kraken-and-okx-in-open-interest-in-q3/
date: 2026-11-13
modified: 2026-11-13
lang: en
author: "Coin Gazette Editorial"
description: "According to a Q3 report by independent research group Hyperliquid Research Collective (HRC), Hyperl..."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
word_count: 84
---

# Hyperliquid Surpassed Bybit, Kraken and OKX in Open Interest in Q3

According to a Q3 report by independent research group Hyperliquid Research Collective (HRC), Hyperliquid surpassed Bybit, Kraken and OKX in open interest (OI) during the third quarter. Its OI reached approximately $16.8 billion by the end of September, up nearly 80% from the end of June, and hit an all-time high of $18.1 billion on September 22. Among Hyperliquid and eight major centralized exchanges, Hyperliquid’s share of total OI rose from 9.6% at the end of June to 11.7% at the end of September.