CoinDesk: Binance leads SanDisk perps liquidity, OKX and Hyperliquid trail
- —Binance's displayed depth within ±0.5% of mid-price on SNDK perps is about $10.9 million
- —Binance's 30-day trading volume for SanDisk perps reached $41 billion
- —Binance carries $240 million in open interest on the contract
- —Total SanDisk open interest across tracked venues ranges from $870 million to $950 million
Why it matters: Binance holds roughly 55-58% of volume and open interest in tokenized equities, so outages or regulatory action there could ripple across the whole segment.
Source: Crypto Briefing