Hyperliquid's 14-Day Average OI Reaches 93.7% of OKX's
- —The gap between Hyperliquid and OKX in 14-day average OI narrowed to 6.3 percentage points
- —Hyperliquid's OI equals 22.5% of Binance's and 12.2% of the combined OI of major CEXs
- —Hyperliquid overtook Bybit in daily OI on July 26 and has been closing in on OKX since
- —An analyst sees Hyperliquid potentially taking second place after Binance by year-end
Why it matters: Hyperliquid's growing OI intensifies competition with CEXs and could shift the liquidity landscape in the derivatives market.
Source: TokenPost