Back

Ethereum Contract Open Interest Rises 7.73% to $50.26 Billion

PANews reports Coinglass data showing Ethereum’s network-wide open interest increased by 7.73%, with Binance, CME, and Gate as the leading exchanges.

ETH
GT

Summary

PANews reported on August 7th that, according to Coinglass data, Ethereum's open interest rose by 7.73% over the past 24 hours, reaching $50.264 billion. Binance, CME, and Gate held $9.87B, $5.92B, and $4.893B respectively.

Terms & Concepts
  • Ethereum: A decentralized blockchain platform used for smart contracts and digital asset transactions.
  • Contract Open Interest: A metric that measures the total value of derivative contracts that remain unsettled on a given blockchain.