Ethereum Futures Open Interest Hits Record $48.28 Billion, Led by Binance and CME Contracts
2025-07-16 17:11:11
Main Idea
Ethereum futures open interest reached a record $48.28 billion, with Binance leading the market, reflecting growing interest in Ethereum derivatives.
Key Points
1. Ethereum futures open interest hit a record 14.73 million ETH, valued at $48.28 billion.
2. This represents an 8.84% increase within 24 hours.
3. Binance led with $8.9 billion in open interest, followed by CME at $5.08 billion.
4. The surge highlights Ethereum's expanding role in the crypto derivatives market.
Description
On July 17, data from Coinglass revealed a significant surge in Ethereum futures open interest, reaching an unprecedented 14.73 million ETH, valued at approximately $48.28 billion. This milestone marks a
$ETH
$3422.92
+5.55%
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