ChainCatcher reported that, according to Coinglass data, total BTC contract open interest across the network increased by 7.36% over the past 24 hours. The current total open interest stands at $50.443 billion. Open interest refers to the scale of outstanding contracts that have not yet been closed, and it is commonly used to describe activity in crypto derivatives markets.
The data also breaks down BTC contract open interest across several major trading platforms. Binance recorded $9.259 billion in BTC open interest, while OKX recorded $2.84 billion. Bybit’s BTC contract open interest stood at $4.222 billion, and Gate reported $4.394 billion.
The figures cited focus on the 24-hour change in total BTC contract open interest and the platform-level distribution reported by Coinglass. With total open interest at $50.443 billion, the data shows an increase in the scale of outstanding BTC derivatives contracts during the latest reporting period.