Cardano (ADA) futures open interest reached $402.70 million in a Nov. 11 snapshot, rising 3.20%, while a later spot-market reading showed the token up 3.25% over 24 hours.
The 10:44 a.m. ET (15:44 UTC) reading on Nov. 11 also put ADA at $0.1797, up 3.39% over the previous 24 hours. The snapshot’s figures describe conditions at that time.
At 16:03 UTC, later spot-market data showed ADA at $0.1787, up 3.25% in the prior 24 hours.
Open interest tracks the aggregate size of futures positions that have not been closed or settled. Its increase does not indicate whether traders were positioned for ADA to rise or fall.
The Nov. 11 figure differs from Binance’s weekly decline in ADA perpetual-futures open interest, which fell 12.8% from about $63.5 million to $55.4 million between Nov. 2 and Nov. 9. That exchange-specific measure covers a different period, so the two readings do not show a direct reversal in the same series.
