Binance Futures Sees Record Open Interest of $10 Billion

Binance’s crypto derivatives platform Binance Futures continues to soar in popularity as more and retail customers add fuel to the bull run.

The spike in open interest or the value of derivative contracts traded but not settled with offsetting positions reflects an increased inflow of money into the market.

Open interest on the derivatives platform hit a record high of over $10 billion on Saturday, amounting to year-on-year growth of nearly 3,900%.

Author: mBRzeVZxHo

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