Glossary
Open interest is the total notional value of outstanding positions in a market.
In short
Open interest counts contracts currently open rather than traded volume. Rising open interest with rising price suggests new positioning; falling open interest suggests positions being closed.
High open interest concentrated on one side of a market is a liquidation-cascade ingredient: a modest adverse move can force closures that push price further in the same direction.
For a mirrored account this shows up as slippage and, in extreme cases, as ADL — both worse than usual precisely when the market is most crowded.
Questions
Not inherently. Concentrated one-sided positioning with high funding is the risky combination.
Hyperliquid publishes per-market open interest on-chain.
Score-weighted allocation across up to 10 elite Hyperliquid traders, each isolated in its own sub-account. Your funds never leave your account.
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