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News 2026-09-29 06:41 UTC

Ethereum overtakes Bitcoin in open interest on Hyperliquid

For most of crypto's history, Bitcoin has been the undisputed king of derivatives markets. On Hyperliquid, that hierarchy just flipped.Ethereum's open interest on the decentralized perpetual futures exchange has surpassed Bitcoin's, with ETH reaching approximately $3.02 billion compared to BTC's ro…