![SHIB, DOGE Top Open Futures Rankings as Bitcoin (BTC) Rally The chart shows seven-day percentage growth/decline in open interest in futured tied to major cryptocurrencies. (Velo Data)](https://btcusa.com/wp-content/uploads/2023/11/SHIB-DOGE-Top-Open-Futures-Rankings-as-Bitcoin-BTC-Rally-678x381.jpg)
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Open interest, or the dollar value locked in the number of active perpetual futures and standard futures contracts, tied to SHIB has increased by 23% to $61.74 million since Nov. 1, the highest percentage growth among top cryptocurrencies, according to Velo Data. Open interest in DOGE has increased 14.6% to $328 million.
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