| Exchange | Open Interest | 24h Change | 7d Change | Share |
|---|---|---|---|---|
| $1.21B | -5.5% | -2.5% | ||
| $899.7M | -0.1% | -1.2% | ||
| $719.1M | -3.4% | -15.7% | ||
| $655.7M | +0.4% | -3.8% | ||
| $492.9M | -0.5% | +0.0% | ||
| $436.4M | +9.4% | +11.3% | ||
| $384.0M | -3.8% | -5.7% | ||
| $212.0M | -2.5% | -5.7% | ||
| $137.5M | -1.8% | -0.5% | ||
| $79.6M | -2.1% | +28.0% | ||
| $31.6M | -0.7% | +29.2% | ||
| $27.0M | -11.3% | -4.4% | ||
| $16.0M | +10.3% | +28.6% | ||
| $7.7M | +2.6% | +1.6% | ||
| $3.1M | -10.2% | -36.8% |
Solana open interest is the total value of outstanding SOL perpetual futures positions that have not yet been closed or liquidated. Unlike trading volume, which measures how much SOL changes hands over a period, open interest shows how much capital is currently tied up in active positions.
This page tracks SOL open interest across the exchanges covered by PerpDEX Wars. The table breaks down current OI by exchange, while the historical chart shows how total positioning has changed over time. You can also compare 24-hour and 7-day changes and see how much of SOL open interest is held on PerpDEXs versus centralized exchanges.
Rising SOL OI generally means new positions are being opened faster than existing ones are being closed. Falling OI usually points to positions being reduced, closed or liquidated. Open interest alone does not show whether traders are bullish or bearish, so it is most useful when viewed alongside price, funding rates and liquidations.
Solana open interest is the total value of active SOL futures or perpetual positions that remain open across exchanges. It increases when new positions are added and decreases when positions are closed or liquidated.
SOL open interest shows how much positioning and leverage is currently active in the market. Large changes in OI can help identify periods when traders are adding exposure or rapidly unwinding positions.
Not necessarily. Open interest measures the amount of active positioning, not its direction. OI can rise while traders are adding both longs and shorts, so price action, funding rates and liquidations provide important additional context.
The exchange breakdown shows where SOL positions are concentrated. This can highlight shifts in liquidity and positioning between centralized exchanges and perpetual DEXs such as Hyperliquid, Lighter, Variational and other venues tracked by PerpDEX Wars.
PerpDEX share is the percentage of total SOL open interest on the exchanges we track that sits on decentralized perpetual futures venues. A rising share means more SOL positioning is moving toward PerpDEXs relative to centralized exchanges.
SOL open interest on this page is updated every 30 seconds. The current totals, exchange breakdown and recent changes are refreshed automatically, while the historical chart lets you compare the latest reading with previous periods.