XRP Leads Five-Coin Open-Interest Gains With a 4.56% Rise

XRP led a five-asset perpetual-futures snapshot with a 4.56% 24-hour increase in open interest, the group’s largest gain as of 6:01 a.m. ET Nov. 4. Open interest rose in four markets; Dogecoin was the only one to decline. All five assets had a funding rate of 0.0100% for each eight-hour period, equivalent to 10.9% annualized. When funding is positive, traders holding long positions pay those holding short positions. Long accounts outnumbered short accounts in every market, with Solana recording the highest long-account share.

Source: TokenPost