Open interest diverged across five crypto perpetual-futures markets Saturday, with Solana (SOL) posting the strongest gain and XRP the only decline, while Bitcoin (BTC) remained the largest by open interest.
At 7 a.m. ET (11:00 UTC) Oct. 31, Bitcoin open interest was $7.53 billion, up 1.48% over 24 hours. Ether (ETH) ranked second at $5.24 billion, a 0.73% increase. SOL reached $834.3 million after a 3.19% rise. Dogecoin (DOGE) added 0.38% to $191.3 million, while XRP fell 2.66% to $330.3 million.
Open interest is the total dollar value of futures positions that remain active. Funding rates were 0.0100% every eight hours for Bitcoin and XRP, equal to 10.9% annualized. SOL’s rate was 0.0056%, DOGE’s was 0.0034% and ETH’s was negative 0.0064%. When funding was positive, payments flowed from long positions to short positions.
DOGE had the lowest long-account share at 70.1%, while SOL had the highest at 75.1%; long accounts exceeded 70% in each market. Bitcoin’s share was 72.6%, XRP’s was 72.9% and ETH’s was 74.6%.
The latest figures differed from EconoTimes’ Oct. 26 snapshot, when all five markets recorded gains and SOL open interest rose 3.64%.
