Only 3 Perp DEXs Actually Grew OI in 2026
Most perp platforms are bleeding positions. Only three added open interest:
$HYPE Hyperliquid +24.2% ($7.46B → $9.26B)
Pacifica +32.8% ($64M → $85M)
$GRVT +12.0% ($318M → $356M)
Everyone else? Down bad. Liquidity is concentrating fast.
Most perp platforms are bleeding positions. Only three added open interest:
$HYPE Hyperliquid +24.2% ($7.46B → $9.26B)
Pacifica +32.8% ($64M → $85M)
$GRVT +12.0% ($318M → $356M)
Everyone else? Down bad. Liquidity is concentrating fast.