Open interest on @tradexyz rose 7.8% this week Hyperliquid, Aster and Lighter all fell Perp DEX OI, ~Oct 31 → Nov 7: ▫️ @tradexyz ~$3.98B → $4.29B, +7.8% ▫️ @HyperliquidX perps ~$7.71B → $7.42B, -3.8% ▫️ @Aster_DEX ~$1.39B → $1.37B, -1.6% ▫️ @Lighter_xyz ~$524M → $511M, -2.5% ▫️ @GMX_IO Solana ~$186M → $170M, -8.9% tradeXYZ is the first HIP-3 deployment on Hyperliquid, so it's a market built on HL rather than a rival chain One thing to keep in mind: OI measures outstanding positions in dollars, not deposits. Price moves can change that dollar value without matching inflows or outflows, so these venue totals alone don't show where capital rotated Worth watching next week: does it hold when prices bounce?
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