Gate Enters Top 3 Exchanges by Futures Open Interest at $12.47B
- —Gate's futures open interest over 24 hours: $12.47 billion
- —The figure placed the exchange in the top 3 centralized exchanges
- —Data from DefiLlama, published on the 20th
- —OI does not show a dominance of longs or shorts
Why it matters: Gate's rising OI intensifies competition among derivatives platforms, but by itself does not indicate market direction.
Source: TokenPost
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