Total Open Interest, 8 Separate Assets

Tracks the daily total open interest (the total amount of outstanding leveraged positions) on exchanges for eight major cryptocurrencies in 2024. Measures: Total open interest for Bitcoin, Ethereum, Binance Coin, Aave, Bitcoin Cash, Cardano, Chainlink, Curve, Litecoin, Maker Reflects: How much traders are using leverage (borrowed money) and how active the market is Interpretation: When total open interest goes up, it usually means more traders are jumping in with leverage, so the market is buzzing. When it drops, traders are pulling back or closing positions, signaling less hype and activity. Context: Commonly analyzed alongside price movements and derivatives volume Tags: Category: Derivatives Metric | Signal Type: Leverage | Market Scope: Futures