Update
NEAR Protocol Sets New Futures Market Record
Near Protocol (NEAR) has set a new record in the futures market with an open interest of $1.92 billion on October 12, according to Coinglass data. This is the highest level ever for the token, which was trading at $5.88 at that time. The open interest has climbed from $300 million to $1 billion in just a few days, and NEAR's price has risen from around $1.60 to nearly $6.00. However, the market has cooled down, and the open interest has dropped back to $1.5 billion, indicating a potential correction.