Open Interest

Open Interest

Open interest refers to the total value of outstanding contracts in a perpetual futures market. It represents the value of active positions — both long and short — that have not yet been settled or closed.

Open interest can be viewed as a measure of market activity. High open interest indicates a greater level of engagement by traders, suggesting a liquid and active market. Conversely, low open interest may signal lower activity or less desire to trade a particular contract.

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