ENS (ENS) Open interest

Live open interest data for ENS perpetual on Hyperliquid. Track the total value of outstanding derivatif contracts and understand market positioning.

Current Open interest
$1.87M

Total value of all outstanding ENS perpetual contracts

Market Context

Open Interest
$1.87M
Volume 24j
$114.0K
Pendanaan (8j)
+0.0012%
Harga
$5.87
-1.56%
OI / Volume Ratio
16.42x
Position holding

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 posisi long to close, adding selling pressure.

Price Direction
Down 1.56% (24h)
Funding Direction
Positive (Longs pay)

Understanding Open interest

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

For ENS (ENS), 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 pergerakan harga provides important signals about trend strength and potential reversals.

The OI/Volume ratio is particularly useful. A high ratio (above 1x) indicates that tradingr 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 ENS OI/Volume ratio of 16.42x indicates position holding behavior with strong conviction.

Pertanyaan yang Sering Diajukan

ENS (ENS) currently has $1.87M 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 posisi short and indicates the total amount of capital deployed in active ENS derivatif positions.
Increasing ENS 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 likuidasi.
Decreasing ENS 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 tradingr take-profits or cut losses.
The current ENS OI/Volume ratio is 16.42x. 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 ENS can be a valuable indicator: 1) Rising OI + rising price = bullish confirmation, consider posisi long. 2) Rising OI + falling price = bearish confirmation, consider posisi short. 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 tingkat pendanaan and sentiment for a complete picture.

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Trading ENS Perpetual on Hyperliquid

Track open interest in real-time and trading ENS with professional tools, sentiment data, and peringatan likuidasi.