RootData market data shows Nvidia (NVDA) contracts were clustered between $213.6 and $213.9 across 10 trading platforms, with 24-hour gains ranging from 0.96% to 1.24%. Total 24-hour trading volume reached about $232 million, while open interest stood at roughly $184 million.
Binance led the market by turnover, posting about $123 million in volume, or around 52.9% of the total, with open interest of about $41.5375 million. Hyperliquid recorded about $59.3152 million in trading volume and roughly $97.9711 million in open interest, giving it about 53.2% of all reported OI and making it the largest market by outstanding positions.
Reported ±2% liquidity depth across disclosed platforms totaled about $12.6731 million, including around $4.432 million on Hyperliquid and $3.4173 million on Binance. In terms of concentration, Binance, Hyperliquid, and OKX contributed about 88.3% of trading volume, while Hyperliquid and Binance together accounted for about 75.8% of total open interest. Funding rates across platforms remained generally low, with no obvious sign of extreme long-side premium. Earlier reports said Nvidia is set to release its second-quarter earnings after the U.S. market closes on Wednesday.
According to RootData market data cited by ChainCatcher, Nvidia (NVDA) contracts were priced between $213.6 and $213.9 across 10 platforms, with 24-hour gains ranging from 0.96% to 1.24%. Combined 24-hour trading volume was about $232 million, while open interest came to roughly $184 million.
Volume and open interest were concentrated on a few venues
Binance posted about $123 million in trading volume, accounting for around 52.9% of the total, with open interest at about $41.5375 million. Hyperliquid recorded about $59.3152 million in volume and roughly $97.9711 million in open interest, equal to about 53.2% of all platform OI, making it the largest market by open positions.
By market concentration, Binance, Hyperliquid, and OKX contributed about 88.3% of total trading volume. Hyperliquid and Binance together accounted for about 75.8% of total open interest.
Liquidity depth and funding rates
Disclosed ±2% liquidity depth across platforms totaled about $12.6731 million. Of that, Hyperliquid accounted for about $4.432 million and Binance for about $3.4173 million.
Funding rates across platforms remained generally low, and there was no clear sign of an extreme long premium.
Focus shifts to Nvidia's second-quarter earnings
Earlier reports said Nvidia will release its second-quarter earnings after the U.S. stock market closes on Wednesday. Market attention is focused on five areas: financing for AI infrastructure, progress on Vera Rubin servers, the company's open-model strategy, sales in China, and pressure on gross margins.
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