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BTC on Hyperliquid: funding, open interest & top traders

50,367 wallets have traded BTC on Hyperliquid, $633.97B in lifetime volume. Average win rate 48.8%.

Traders
50,367
Lifetime volume
$633.97B
Realised P&L
$451.7M
Open interest
$2.82B
Funding (1h)
+0.0013%
Liquidated 24h
$9.6M

BTC is a perpetual market on Hyperliquid. 50,367 wallets have traded it, closing 2,009,711 positions worth $633.97B in total. The average position runs $315.5K. Trading here goes back to 2023-03-28.

Traders are collectively up $451.7M on BTC — about 0.07% of the notional they moved. The average win rate is 48.8%, so most closed positions here lose money — the winners have to be bigger than the losers to come out ahead.

Funding and open interest right now

Right now open interest sits at $2.82B, and funding is +0.0013% per hour, so longs are paying shorts, and $9.6M was liquidated in the last complete day.

Where these numbers come from

Every figure above is counted from settled on-chain fills, not self-reported by an exchange — on Hyperliquid the order book itself lives on-chain, so any wallet's history on BTC can be rebuilt independently. The table below ranks the traders with the most closed positions in this market; see the full leaderboard for performance across all markets, or liquidations for what is being force-closed today.

Related markets

Traded at similar volume: ETH $387.27B · SOL $139.10B · HYPE $125.71B. Or browse all Hyperliquid markets.

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