L4 · Sentiment & Derivatives
BTC open interest (7d change)
BTC open interest on the largest on-chain perp venue; the 7-day change shows leverage building or flushing. Single venue.
Source：HyperliquidLevel：core
Zones: rules and how often each occurred
| Zone | Rule | Share of history in this zone |
|---|---|---|
| Deleveraging | < -15.00% | — |
| Stable | -15.00% ~ +15.00% | — |
| Leverage piling up | ≥ +15.00% | — |
Normal range
Not enough data yet.
No data yet for this indicator; it appears after the next daily run.
BTC open interest (USD)
For reference: BTC price (log) same time axis, linked hover
Rules and evidence grades: Methodology; rule changes are logged in Corrections.