SHIB, DOGE Top Open Futures Rankings as Bitcoin (BTC) Rally Spurs Risk-Taking

The chart shows seven-day percentage growth/decline in open interest in futured tied to major cryptocurrencies. (Velo Data)


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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