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NEAR Protocol (NEAR) Futures Open Interest Sits at $1.106 Billion

The $1,106,066,922 display measures outstanding contracts, not trading volume or market direction.

Interlocked steel bands encircle a faceted green stone / TokenPost.ai
Interlocked steel bands encircle a faceted green stone / TokenPost.ai

NEAR Protocol (NEAR) futures open interest was listed at $1,106,066,922, or about $1.106 billion, in a live market display.

Open interest counts futures contracts that remain open. Trading volume measures contracts traded during a period, so the two figures describe different activity.

The total does not show whether traders are collectively bullish or bearish on NEAR. Each open futures contract has both a long and a short side.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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