Derivatives & leverage

BTC open interest

Total value of open Binance BTC perpetual futures positions.

$7.29B
24h −0.32%7d −4.07%30d −5.14%
Low Data as of 2026-11-09 20:00

Trend

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Range statistics

30-day high
$8.36B
30-day low
$6.96B
30-day average
$7.63B
Position in 30-day range
9%
90-day high
$9.54B
90-day low
$6.74B
90-day average
$7.96B
Position in 90-day range
12%

What it measures

Open interest is the notional value of all outstanding futures contracts — a measure of leverage in the market.

How to read it

Rapidly rising open interest means more leverage is building up, which can amplify moves and liquidations. Sharp drops usually follow liquidation cascades.

Source: Binance Futures