Exchanges· ★★· neutral·

Binance leads derivatives open interest at $33.25B

  • —Binance open interest at $33.25B, ranking first
  • —Hyperliquid at $14.99B, Gate at $13.28B
  • —24-hour CoinGecko data reported by Masbit
Why it matters: Open interest reflects the size of outstanding contracts but not trade activity or the direction of positioning.
Source: TokenPost