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Monero Futures Open Interest Exceeds $300 Million as XMR-Denominated Measure Hits Five-Week High

Monero Futures Open Interest Exceeds $300 Million as XMR-Denominated Measure Hits Five-Week High

Photo: TokenPost

Monero (XMR) futures open interest exceeded $300 million in figures published Oct. 23, while XMR-denominated open interest reached 515,730 XMR, a five-week high. That measure was about 400,000 XMR a week earlier, marking a rise in outstanding futures exposure. Open interest counts positions that remain open. It differs from trading volume, which counts contracts traded during a period, and does not show whether traders are net bullish or bearish. The January market move offers a comparison for the latest figures.

Source: TokenPost

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