All Time High
NEAR Protocol Hits $1.1 Billion in Open Interest
A reported $1.1 billion in NEAR Protocol derivatives open interest has put the spotlight on speculative positioning in the token. The exact figure and its timing need confirmation, but rising open interest indicates more positions are staying active. NEAR's derivatives participation has been increasing, with open interest climbing above $1 billion in October and approaching $1.9 billion during a strong price rally, then a pullback. Analysts usually compare open interest with spot price, funding rates, trading volume, and liquidation data to assess market sentiment.