Amzn (Cash) (AMZN) Open Interest

Live open interest data for AMZN perpetuals on Hyperliquid. Track the total value of outstanding derivative contracts and understand market positioning.

Current Open Interest
$925.2K

Total value of all outstanding AMZN perpetual contracts

Market Context

Open Interest
$925.2K
Volume 24h
$2.36M
Funding (8h)
+0.0006%
Price
$205.68
-0.08%
OI / Volume Ratio
0.39x
Day trading

OI + Price Interpretation

Long Squeeze Potential

Price is falling but funding is positive, meaning longs are paying shorts. This could indicate a developing long squeeze where falling prices force long positions to close, adding selling pressure.

Price Direction
Down 0.08% (24h)
Funding Direction
Positive (Longs pay)

Understanding Open Interest

Open interest (OI) represents the total number of outstanding derivative contracts that have not been settled. In perpetual futures, every position has both a buyer (long) and a seller (short), so OI counts one side of the pair. When a new long and short position are opened, OI increases. When a position is closed, OI decreases.

For Amzn (Cash) (AMZN), open interest is a key indicator of market participation and conviction. Rising OI means new money is entering the market, while falling OI means positions are being closed. The direction of OI change combined with price movement provides important signals about trend strength and potential reversals.

The OI/Volume ratio is particularly useful. A high ratio (above 1x) indicates that traders are holding positions rather than day trading, suggesting conviction in the current trend. A low ratio (below 0.5x) suggests more speculative, short-term activity. The current AMZN OI/Volume ratio of 0.39x indicates active day trading and short-term speculation.

Frequently Asked Questions

Amzn (Cash) (AMZN) currently has $925.2K in open interest on Hyperliquid. Open interest represents the total value of all outstanding perpetual contracts that have not been settled. It includes both long and short positions and indicates the total amount of capital deployed in active AMZN derivative positions.
Increasing AMZN open interest means more capital is entering the market through new positions being opened. When OI rises with the price, it typically confirms an uptrend as new longs are being opened. When OI rises while price falls, it may indicate new shorts are being opened, confirming a downtrend. High OI also means more positions are at risk of liquidation.
Decreasing AMZN open interest means positions are being closed. When OI falls while price rises, it could indicate shorts are closing (short covering rally). When OI falls while price drops, it could indicate longs are closing. Declining OI often signals that a trend may be losing momentum as traders take profits or cut losses.
The current AMZN OI/Volume ratio is 0.39x. This ratio compares open interest to 24-hour trading volume. A high ratio (above 1x) suggests positions are being held longer, indicating conviction. A low ratio (below 0.5x) suggests more day trading activity with positions being opened and closed quickly.
Open interest data for Amzn (Cash) can be a valuable indicator: 1) Rising OI + rising price = bullish confirmation, consider long positions. 2) Rising OI + falling price = bearish confirmation, consider short positions. 3) Falling OI + rising price = short covering, trend may be weakening. 4) Falling OI + falling price = long unwinding, selling pressure may ease. Combine OI data with funding rates and sentiment for a complete picture.

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