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INIT on Hyperliquid: funding, open interest & top traders

4,081 wallets have traded INIT on Hyperliquid, $189.5M in lifetime volume. Average win rate 57.2%.

Traders
4,081
Lifetime volume
$189.5M
Realised P&L
$1.8M
Open interest
$363.6K
Funding (1h)
+0.0013%
Top traders 0
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INIT is a perpetual market on Hyperliquid. 4,081 wallets have traded it, closing 23,230 positions worth $189.5M in total. The average position runs $8.2K. Trading here goes back to 2025-04-24.

Traders are collectively up $1.8M on INIT — about 0.92% of the notional they moved. The average win rate is 57.2%, meaning more than half of closed positions end in profit.

Funding and open interest right now

Right now open interest sits at $363.6K, and funding is +0.0013% per hour, so longs are paying shorts.

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 INIT 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: LLY $196.3M · SYRUP $191.3M · @260 $190.3M · USUAL $187.8M · POL $186.4M · STRC $183.8M. Or browse all Hyperliquid markets.