Open interest in DYDX — how much money sits in open futures positions on DYDX and how it flows between exchanges. OI rising together with price means inflow; rising against price is a risk of reversal. The data ticks in real time across every exchange.

About dYdX

Decentralized Exchange Dex Token, Derivatives, Layer 1, Made In America

Open interest in DYDX — $17.7M

Binance — $5.0M (28%)
Bybit — $4.0M (23%)
BingX — $2.0M (11%)
KuCoin — $1.9M (11%)
OKX — $1.9M (10%)
HyperLiquid — $1.8M (10%)
Bitget — $1.1M (6%)

DYDX arbitrage right now

Kraken ↔ OKX — 0.83%
Binance ↔ Kraken — 0.82%
Bybit ↔ Kraken — 0.68%
Bybit ↔ HTX — 0.60%

About DYDX open interest

What does open interest in DYDX show?

The total of all open futures contracts on DYDX. Rising — new money is entering the market; falling — positions are being closed. A sharp jump often precedes a strong move or a squeeze.

Why watch DYDX OI?

OI diverging from price signals a possible reversal; overheating (too much leverage) raises the risk of cascading liquidations. OI migrating between exchanges shows where the interest is concentrating.

How do I get DYDX OI alerts?

Add an Open Interest condition in the the builder with the mode you want (inflow / overheating / divergence) and a threshold — the notification arrives as a Telegram direct message.