Ethereum futures open interest has reached an unprecedented 14.73 million ETH, equivalent to $48.28 billion, marking a historic high for the cryptocurrency derivatives market.
This figure reflects an 8.84% surge within a single 24-hour period, signaling accelerated institutional and retail engagement with Ethereum’s derivative products across major trading platforms.
Market leadership remains firmly with Binance, which holds $8.9 billion in Ethereum futures open interest. The Chicago Mercantile Exchange (CME) follows as the second-largest venue with $5.08 billion in open contracts, highlighting robust institutional participation.
The milestone underscores Ethereum’s expanding influence in the cryptocurrency derivatives landscape, reflecting growing confidence in Ethereum’s market structure and its evolving role in sophisticated trading strategies.